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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.

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
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omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
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it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
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21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
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@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
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i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
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people were getting excited :sob:
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then someone was like "what does jm stand for" and i was like .. well
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
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JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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