An Ottawa, Ontario, Canada-based manufacturer of LED lighting equipment is using FCA Port of Montreal, Quebec,...

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An Ottawa, Ontario, Canada-based manufacturer of LED lighting equipment is using "FCA Port of Montreal, Quebec, Canada Incoterms® 2020" in a contract with a European Buyer. The seller agrees to deliver the goods to the container terminal in Montreal prior to ocean shipment. The goods are put in a container and then transported by the seller's own truck to the container terminal where they are offloaded by a reach stacker. During the offloading, the reach stacker drops the goods and the goods in the container are destroyed. According to the Incoterms® 2020, who is supposed to bear the cost of this loss? Why? An Ottawa, Ontario, Canada-based manufacturer of LED lighting equipment is using "FCA Port of Montreal, Quebec, Canada Incoterms® 2020" in a contract with a European Buyer. The seller agrees to deliver the goods to the container terminal in Montreal prior to ocean shipment. The goods are put in a container and then transported by the seller's own truck to the container terminal where they are offloaded by a reach stacker. During the offloading, the reach stacker drops the goods and the goods in the container are destroyed. According to the Incoterms® 2020, who is supposed to bear the cost of this loss? Why?

Answer rating: 100% (QA)

As per FCA Port of Montreal Quebec Canada Incoterms 2020 the risk and liability for the goods being ... View the full answer