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LSDefine

Simple English definitions for legal terms

ex ship

Read a random definition: deposition

A quick definition of ex ship:

Term: EX SHIP

Definition: Ex ship means that when goods are shipped, the buyer is responsible for any loss or damage that may occur once the goods leave the ship. This means that the seller is not responsible for any problems that happen after the goods are delivered to the buyer.

A more thorough explanation:

EX SHIP

Ex ship refers to a shipment of goods where the buyer becomes responsible for any loss or damage to the goods once they leave the ship.

Example 1: A company in Japan purchases a shipment of electronics from a supplier in China on an ex ship basis. The supplier is responsible for delivering the goods to the port in Japan, but once the goods are loaded onto the ship, the buyer becomes responsible for any loss or damage during transit.

Example 2: A retailer in the United States orders a shipment of clothing from a manufacturer in India on an ex ship basis. The manufacturer is responsible for delivering the goods to the port in the United States, but once the goods are loaded onto the ship, the retailer becomes responsible for any loss or damage during transit.

These examples illustrate how ex ship works in practice. In both cases, the seller is responsible for delivering the goods to the port, but once the goods are loaded onto the ship, the buyer becomes responsible for any loss or damage during transit. This means that the buyer needs to have insurance in place to cover any potential losses or damages that may occur during shipping.

ex scriptis olim visis | ex solemnitate

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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
20:50
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
20:50
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
JumpySubsequentDolphin
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
22:12
@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"
22:24
people were getting excited :sob:
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then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
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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