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LSDefine

Simple English definitions for legal terms

DEQ

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A quick definition of DEQ:

Term: DEQ

Definition: DEQ stands for Delivered Ex Quay. This means that the seller is responsible for delivering the goods to the quay (dock) at the destination port. Once the goods are unloaded from the ship, the buyer takes over responsibility for the goods.

A more thorough explanation:

Term: DEQ

Definition: DEQ stands for Delivered Ex Quay. It is a trade term used in international shipping that means the seller is responsible for delivering the goods to the quay (dock) at the destination port. The buyer is responsible for all costs and risks associated with unloading the goods from the ship and transporting them to their final destination.

Example: A company in China sells 1000 widgets to a company in the United States. The terms of the sale are DEQ Los Angeles. This means that the Chinese company is responsible for delivering the widgets to the quay in Los Angeles. The American company is responsible for all costs and risks associated with unloading the widgets from the ship and transporting them to their warehouse.

Explanation: The example illustrates how DEQ works in international trade. The Chinese company is responsible for delivering the goods to the quay in Los Angeles, but the American company is responsible for all costs and risks associated with unloading the goods from the ship and transporting them to their warehouse. This means that the American company must arrange for a trucking company to transport the widgets from the quay to their warehouse and pay for any fees associated with unloading the widgets from the ship.

deputy sheriff | de quarantina habenda

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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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