Property transfers and risk transfers
Order Description
“[For cif contracts] though the property prima facie passes to the buyer when he makes payment against the documents, the presumption is that the risk passes as the time of shipment”
Ewan McKendrick, Goode on Commercial Law (5th edn, Penguin 2016, page 1001)
Critically analyse when property transfers and risk transfers in both cif and fob contracts, with reference to relevant cases and statutory law.