Analyze a transit damage claim by separating freight payment, risk transfer, and insurance evidence.
The shipment A CPT shipment arrives damaged. The buyer says, "You paid the carrier, so this is your loss." The seller says risk passed at first carrier, but nobody has pulled the delivery receipt yet. Incoterms decisions fail when the team jumps to a familiar three-letter term before agreeing on the physical handoff. ICC Incoterms 2020 + ISO 31000 claims analysis The ICC Incoterms rules work because they standardize a narrow but critical part of a goods sale: which party performs delivery-related tasks, bears delivery-related costs, and carries risk of loss or damage at a named point. That narrowness is…
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