In a practical scenario, a German seller signing a CIF contract with a UK buyer must decide in advance whether German law, English law, or another legal system will govern the contract's interpretation.
Source: https://iccwbo.org/resources-for-business/incoterms/
Matching tools and partners
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.