Case Study A company purchased four kinds of steel plate: 420 M/T, and the type...

50.1K

Verified Solution

Question

Finance

image
Case Study A company purchased four kinds of steel plate: 420 M/T, and the type is 6 inch, 8 inch, 10 inch and 12 inch. The quantity is 100 M/T each size, and the contract marked that: "5% more or less for each size, at the seller's option. When the seller delivered the goods, the quantity is: 6 inch-70M/T, 8 inch-80M/T, 10 inch-60M/T, 12 inch-210M/T. And the total quantity is 420 M/T. When the exporter submitted the full set of document, the importer refused to receive the goods owing to quantity problem. QUESTION: Do you think the importer's action is reasonable? List your reasons

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students