Common Contracts
1 similar Cif and Fob Contracts contracts
THE MAİN DİFFERENCES BETWEEN CIF AND FOB CONTRACTS UNDER ENGLİSH LAWCif and Fob Contracts • December 15th, 2008
CIF contract is that when the seller has delivered the goods or provides them afloat. He has to perform the contract by tendering conforming documents to the buyer. The significant feature of a CIF contract is that performance of bargain is to be fulfilled by delivery of documents and not by actual physical delivery of goods by the seller.1
