Archive for April, 2020

Goods Carriage

Thursday, April 30th, 2020

The contract, by its nature is not only mutual (between the carrier and the customer are the mutual responsibilities) and compensated (must be paid), and in some cases it is consensual. In this second party represented by the shipper must pay the carriage at the rate of a fixed amount. It is worth remembering that the business entity has no right to give preference to one customer over another in regard to the conclusion contract. Price of works and services provided by the organization, set the same for all customers except for certain categories of customers with certain benefits. You may be interested in transportation or international transportation of goods, but it is important to distinguish for themselves the concept of "transportation" and "freight".

Although it is quite natural if you have already formed an opinion about what these concepts absolutely identical to each other. Both these concepts are applied in law and they are undoubtedly identical. Keep in mind that not every spatial movement of goods can be called a carriage. For example, when the technological transportation of goods, which runs its own transport or a physical entity, there are no obligations on carriage of goods. All the difference is that freight is carried by mandatory contract, which brings with it not only valid, but based on the principle of equivalent compensation for services rendered.

It is logical that transportation of goods that can not be, because the movement is its own vehicle and, therefore, the conclusion of a treaty is impractical. By the way, at the conclusion of the contract no harm would discuss the issue of the customs clearance of cargo. Transport companies, taking for providing this service, thereby relieve you of unnecessary worries tons of headaches. This article was reflected only certain aspects and features of the contract of carriage of goods, which are given to illustrate the importance of preparation and study of various legal documents relating to shipping.

Basel II BVMW

Thursday, April 2nd, 2020

Medium-sized businesses lose confidence to previous rating system Bonn/Berlin – quick and proper response to the current financial market crisis”of the President of the Federal Association has medium-sized economy (BVMW), Mario Ohoven, that of the International Banking Federation IIF reform proposals presented paid tribute. However well the rating agencies to the test included. Leading rating agencies were wrong completely in assessing certain credit institutions, especially in Germany,”, said the middle-class President at the annual reception of the BVMW in Berlin. Additional information is available at Sergey Brin. A small entrepreneur in the context of Basel II, which must be a rating of Bank, could have no confidence to a rating system that failed at crucial point. I could well imagine a national solution”, so Ohoven addressed by Finance Minister Peer Steinbruck, who took position as guest speaker on the BVMW annual reception to the global financial crisis. Federal Bank and leading German credit institutions should jointly build a credit rating agency, suggested Ohoven. Such a national agency would have the advantage that not through competence disputes of the countries precious time lost to a European institution. The German medium-sized businesses need a reliable supply of credit. For this reason we support the Federal Government in their quest for reliable fiscal framework”Ohoven said. Lacrosse