A consignment is an agreement made when goods are delivered to an agent or customer when an actual purchase has not been made, obliging the consignee to pay the consignor for the goods when sold. Article 9 of the Uniform Commercial Code (U.C.C.) specifies that it applies to consignments. "Consignment" is defined as a transaction, regardless of its form, in which a person delivers goods to a merchant for the purpose of sale and- The merchant deals in goods of that kind under a name other than the name of the person making delivery, is not an auctioneer, and is not generally known by its creditors to be substantially engaged in selling the goods of others -
With respect to each delivery, the aggregate value of the goods is $1,000 or more at the time of delivery The goods must not be consumer goods immediately before delivery - and The transaction does not create a security interest that secures an obligation.
A General Agreement between Carrier and Shipper (also known as a Shipper-Carrier Agreement) is a legally binding contract that outlines the terms and conditions of the relationship between a carrier and a shipper. The agreement sets out the scope of the contractual relationship, including the roles and responsibilities of each party, the type and scope of services to be provided by the carrier, the payment terms and conditions, and any other details that may be relevant to the relationship. Depending on the type of services provided, there are a few different types of General Agreement between Carrier and Shipper: 1. Truckload Carrier Agreement: In this type of agreement, the shipper agrees to provide the carrier with truckload shipments to be transported from one point to another. The agreement outlines the terms and conditions of the relationship, such as the type of truckloads that the carrier will be transporting, the payment terms, the liability of the carrier, and any other details that may be relevant to the relationship. 2. Intermodal Carrier Agreement: This agreement is similar to the truckload carrier agreement, except that the carrier will be providing intermodal transportation services (transporting goods via multiple modes, such as rail, truck, and air). The agreement sets out the terms and conditions of the relationship, such as the types of intermodal services to be provided, the payment terms, the liability of the carrier, and any other details that may be relevant to the relationship. 3. Consolidated Carrier Agreement: This type of agreement is similar to an intermodal carrier agreement, except that the carrier will be providing consolidated transportation services (moving multiple shipments in a single container or trailer). The agreement outlines the terms and conditions of the relationship, such as the types of consolidated services to be provided, the payment terms, the liability of the carrier, and any other details that may be relevant to the relationship. 4. Brokerage Carrier Agreement: In this type of agreement, the shipper agrees to use the services of a broker to arrange and manage the transportation of goods. The agreement sets out the terms and conditions of the relationship, such as the types of services to be provided by the broker, the payment terms, the liability of the broker, and any other details that may be relevant to the relationship.
A General Agreement between Carrier and Shipper (also known as a Shipper-Carrier Agreement) is a legally binding contract that outlines the terms and conditions of the relationship between a carrier and a shipper. The agreement sets out the scope of the contractual relationship, including the roles and responsibilities of each party, the type and scope of services to be provided by the carrier, the payment terms and conditions, and any other details that may be relevant to the relationship. Depending on the type of services provided, there are a few different types of General Agreement between Carrier and Shipper: 1. Truckload Carrier Agreement: In this type of agreement, the shipper agrees to provide the carrier with truckload shipments to be transported from one point to another. The agreement outlines the terms and conditions of the relationship, such as the type of truckloads that the carrier will be transporting, the payment terms, the liability of the carrier, and any other details that may be relevant to the relationship. 2. Intermodal Carrier Agreement: This agreement is similar to the truckload carrier agreement, except that the carrier will be providing intermodal transportation services (transporting goods via multiple modes, such as rail, truck, and air). The agreement sets out the terms and conditions of the relationship, such as the types of intermodal services to be provided, the payment terms, the liability of the carrier, and any other details that may be relevant to the relationship. 3. Consolidated Carrier Agreement: This type of agreement is similar to an intermodal carrier agreement, except that the carrier will be providing consolidated transportation services (moving multiple shipments in a single container or trailer). The agreement outlines the terms and conditions of the relationship, such as the types of consolidated services to be provided, the payment terms, the liability of the carrier, and any other details that may be relevant to the relationship. 4. Brokerage Carrier Agreement: In this type of agreement, the shipper agrees to use the services of a broker to arrange and manage the transportation of goods. The agreement sets out the terms and conditions of the relationship, such as the types of services to be provided by the broker, the payment terms, the liability of the broker, and any other details that may be relevant to the relationship.