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LSDefine

Simple English definitions for legal terms

carriage paid to

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A quick definition of carriage paid to:

Term: CARRIAGE PAID TO

Definition: When someone buys something from another person who lives far away, they need to figure out how to get the thing they bought to their own home. Carriage paid to is a way to describe who is responsible for getting the thing to the buyer's home. When a seller agrees to carriage paid to, it means they will make sure the thing the buyer bought is sent to the buyer's chosen carrier (like a truck or a ship) and the seller will pay for the cost of sending it to the buyer's home. Once the thing is given to the carrier, the seller's job is done and the buyer is responsible for anything that happens to the thing during the rest of the journey. This can be used for any way of sending things, like by truck or by ship.

A more thorough explanation:

Definition: Carriage paid to (CPT) is a term used in commercial contracts that outlines the responsibilities of the buyer and seller regarding the delivery, payment, and risk of loss of goods. The seller is responsible for clearing the goods for export, delivering them to the buyer's chosen carrier, and paying for the costs of carriage to the named destination. Once the goods are delivered to the carrier, the seller's delivery is complete, and the risk of loss passes to the buyer. Any mode of transportation can be used to carry the goods.

Example: A company in the United States agrees to sell 1000 widgets to a company in Japan. The contract states that the terms are CPT Tokyo. The seller is responsible for clearing the goods for export, delivering them to the carrier, and paying for the costs of carriage to Tokyo. Once the goods are delivered to the carrier, the seller's delivery is complete, and the risk of loss passes to the buyer.

Explanation: In this example, the seller is responsible for all the costs associated with delivering the goods to Tokyo, including transportation costs. The buyer is only responsible for paying for the goods once they arrive in Tokyo. If anything happens to the goods during transportation, the seller is responsible for any losses or damages.

Carriage of Goods by Sea Act | carried interest

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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