6. A Brazilian company exports 200 bags of green coffee to a Chinese company The...

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6. A Brazilian company exports 200 bags of green coffee to a Chinese company The bags are shipped from Brail on 8 March, 201X on a FOB basis. On 10 March, 201X, due to heavy seas, the ship sinks en route to China. Please answer the following questions; Which party the loss in this instance? what if the bags had been shipped on CIF basis? what if due to leakage, water spoils the shipment of coffee, which arrives ruined in China? What difference might this make in the outcome in a FOB or CIF shipment

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