Topic: international sale of goods
Part 1
On 23 January 2015 “Barney Ltd” contracted to purchase from “Sophia Ltd”
30,000 mt (5% more or less) of Greek organic extra virgin olive oil, max.
moisture 0.25%, on CIF terms. The agreed price was USD 30,000 per mt. The
contract contained the following clauses:
contract contained the following clauses:
DESCRIPTION: Greek organic extra virgin olive oil
QUANTITY: 30,000 mt (5% more or less)
QUALITY: Max. Moisture 0.25% Moisture and weight shall be final and
binding on both parties at time and place of shipment as per certificate issued by
a first class independent SGS Surveyor at sellers’ option… sample shall be taken
a first class independent SGS Surveyor at sellers’ option… sample shall be taken
TIME OF SHIPMENT: 10-12 February 2015
PLACE OF SHIPMENT: Piraeus (Greece)
APPLICABLE LAW AND JURISDICTION: English
