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LSDefine

Simple English definitions for legal terms

free carrier

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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

General chat about the legal profession.
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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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