Who makes the Contract of Sale?

Who makes the Contract of Sale?

• A. Shipper
• B. Buyer
• C. Carrier
• D. Broker

Answer: (A)

The person who makes the contract of sale is typically the shipper—the seller or exporter who has the goods and initiates the sale terms with the buyer. The broker’s job is to bring the buyer and seller together and facilitate negotiations, but they don’t bind the sale contract themselves. The carrier only provides transport under a separate carriage contract, not the sale agreement. So, once the seller and buyer agree on price and terms, the sale contract is formed between them, while transport arrangements follow under separate terms.

The person who makes the contract of sale is typically the shipper—the seller or exporter who has the goods and initiates the sale terms with the buyer. The broker’s job is to bring the buyer and seller together and facilitate negotiations, but they don’t bind the sale contract themselves. The carrier only provides transport under a separate carriage contract, not the sale agreement. So, once the seller and buyer agree on price and terms, the sale contract is formed between them, while transport arrangements follow under separate terms.