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LSDefine

Simple English definitions for legal terms

delivered duty unpaid

Read a random definition: de clerico capto per statutum mercatorium deliberando

A quick definition of delivered duty unpaid:

Delivered Duty Unpaid (DDU) is a term used in business contracts that describes the responsibilities of the buyer and seller when it comes to delivering goods. The seller is responsible for clearing the goods for export, paying for transportation costs, and making the goods available to the buyer at the destination. However, the buyer is responsible for paying any import duties. Once the seller's carrier arrives at the agreed destination, the delivery is complete, and the risk of loss passes to the buyer. This term is usually used for land delivery, but it doesn't limit the mode of transportation. If the delivery point is a port, other terms like Delivered Ex Ship or Delivered Ex Quay are preferred.

A more thorough explanation:

Definition: Delivered duty unpaid (DDU) is a term used in mercantile contracts that outlines the responsibilities of the buyer and seller regarding the delivery, payment, and risk of loss of goods. Under this term, the seller must clear the goods for export, pay for the cost of carriage (excluding unloading charges and import duties), and make the goods available to the buyer onboard the carrier at the destination. The seller's delivery is considered complete when the seller's carrier arrives at the agreed destination, and the buyer is responsible for all import duties.

Example: A company in the United States orders 1000 units of a product from a manufacturer in China. The manufacturer agrees to deliver the goods to the buyer's warehouse in the US using DDU terms. The manufacturer clears the goods for export, pays for the cost of carriage, and makes the goods available to the buyer onboard the carrier at the destination. However, the buyer is responsible for paying all import duties and taxes once the goods arrive in the US.

Explanation: In this example, the manufacturer and buyer have agreed to DDU terms, which means that the manufacturer is responsible for delivering the goods to the buyer's warehouse in the US. However, the buyer is responsible for paying all import duties and taxes once the goods arrive in the US. This means that the buyer will need to factor in these additional costs when budgeting for the purchase.

delivered duty paid | delivered ex quay

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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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