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LSDefine

Simple English definitions for legal terms

delivered ex ship

Read a random definition: repo

A quick definition of delivered ex ship:

Delivered Ex Ship (DES) is a term used in business contracts for buying and selling goods. It means that the seller is responsible for getting the goods to the buyer's port of destination, but the buyer is responsible for unloading the goods and paying any import duties. The seller's responsibility ends when the goods arrive at the port, and the buyer takes on the risk of any damage or loss. This term is only used for goods transported by sea or inland waterway.

A more thorough explanation:

Definition: Delivered ex ship is a term used in business 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 and paying for transportation costs to the destination port. The delivery is considered complete when the seller's carrier arrives at the destination port, and the risk of loss passes to the buyer. This term is only used for goods transported by sea or inland waterway.

Example: A company in China sells 1000 units of a product to a company in the United States. The contract states that the delivery terms are "delivered ex ship." The Chinese company is responsible for clearing the goods for export and paying for transportation costs to the port in the United States. Once the goods arrive at the port, the delivery is considered complete, and the risk of loss passes to the US company.

Explanation: This example illustrates how the term "delivered ex ship" outlines the responsibilities of the buyer and seller in a business contract. The Chinese company is responsible for clearing the goods for export and paying for transportation costs to the destination port. The US company is responsible for unloading the goods and paying any import duties. The delivery is considered complete when the goods arrive at the port, and the risk of loss passes to the US company.

delivered ex quay | delivery in escrow

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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.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
Do we know if any of the t14 open at all this week
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