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The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
Cal Yachts (also known as Jensen Marine and Cal Boats) was a manufacturer of performance oriented fiberglass sailboats from the 1960s to the 1980s. The Costa Mesa , California , headquartered company was founded in 1957, among the earliest of all-fiberglass, mass-production sailboat builders.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
Key takeaways. New and used boats are available from banks, credit unions, online lenders and directly from boat sellers. Lenders take into account the boat's age in addition to your personal ...
It is said that Griffith sketched the design on the back of a napkin and showed it to Bill Lapworth who designed the boat. The design was offered to a number of builders, who declined to build it. Griffith agreed to back the building of the first ten boats constructed, which convinced Jack Jensen to start production. [1] [2] [5]
Charter party is a contract of carriage of cargo in the case of employment of a (charter boat). It means that the charter party will clearly and unambiguously set out the rights and responsibilities of the ship owner and the charterers and any subsequent dispute between them will be settled in the court of law or any agreed forum with reference ...
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