The purpose of this discussion is to illustrate Incoterms in a real-world case study. Read the St. Paul Guardian v. Neuromed Case and answer the following questions.
CISG. (2002, March 26). United States 26 March 2002 Federal District court [New York] (St. Paul guardian insurance company et al. v. Neuromed medical systems & support et al.). Electronic Library on International Commercial Law and the CISG. http://cisgw3.law.pace.edu/cases/020326u1.html
If the carrier damaged the MRI, are they responsible? Do they have to pay?
The contract states CIF New York. Does that mean the seller bought Marine Insurance in the buyer’s name and the damage will be covered under that policy?
Ultimately, what proved to the court that Neuromed was not liable for damages?
The buyer was lucky. Why?
