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LSDefine

Simple English definitions for legal terms

free carrier

Read a random definition: judicial council

A quick definition of free carrier:

Term: Free Carrier

Definition: Free Carrier (FCA) is a term used in business agreements for buying and selling goods. It means that the seller is responsible for getting the goods ready for export and delivering them to the buyer's chosen carrier at a specific place. Once the goods are loaded onto the carrier, the seller's job is done, and the buyer is responsible for paying for the transportation costs and any risks that may occur during the journey. The buyer can choose any carrier they want to transport the goods.

A more thorough explanation:

Definition: Free Carrier (FCA) is a term used in business contracts to define the responsibilities of the buyer and seller regarding the delivery, payment, and risk of loss of goods. The seller must clear the goods for export and deliver them to the buyer's chosen carrier at a named place. The seller's delivery is complete when the goods are loaded on the collecting vehicle or otherwise placed at the carrier's disposal. The buyer is responsible for all costs of carriage, and there are no restrictions on the buyer's choice of carrier.

Suppose a company in the United States wants to buy goods from a company in China. They agree to use the Free Carrier (FCA) term in their contract. The Chinese company is responsible for clearing the goods for export and delivering them to the buyer's chosen carrier at a named place, such as a port. Once the goods are loaded onto the carrier, the risk of loss passes to the buyer, who is responsible for all costs of carriage from that point forward. The buyer can choose any carrier they want to transport the goods to the United States.

Another example could be a company in Germany selling goods to a company in France. They agree to use the FCA term in their contract. The German company is responsible for clearing the goods for export and delivering them to the buyer's chosen carrier at a named place, such as a warehouse. Once the goods are loaded onto the carrier, the risk of loss passes to the buyer, who is responsible for all costs of carriage from that point forward. The buyer can choose any carrier they want to transport the goods to France.

These examples illustrate how the Free Carrier (FCA) term works in business contracts. The seller is responsible for delivering the goods to the buyer's chosen carrier at a named place, and the buyer is responsible for all costs of carriage from that point forward. The buyer has the freedom to choose any carrier they want to transport the goods, which gives them more control over the shipping process.

free-bord | free chapel

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General

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HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
14:30
Sent an app to OSU in early december and have STILL not heard back
Give it 4 more weeks at least. Everyone in this chat needs to wait longer.
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