A contract for the sale of hops of specified quality provided that they should be shipped by the sellers from San Francisco to Sunderland, and paid for by the purchasers by weight c.i.f. ‘terms net cash.’ The purchasers declined to pay the price until after arrival at the port of destination and opportunity for examining the goods.
Held that the sellers in a c.i.f. contract were entitled to payment of the price upon tender of the bill of lading and insurance policy.
Judges:
Lord Chancellor (Loreburn), Lords Atkinson, Gorell, and Shaw of Dunfermline
Citations:
[1911] UKHL 680, 49 SLR 680
Links:
Jurisdiction:
England and Wales
Contract
Updated: 26 May 2022; Ref: scu.619215