UNDERSTANDING RISK VS OWNERSHIP IN SALE OF CARGOES

Transfer of ownership and transfer of risk are two distinct concepts that can take place at different points in time. Transfer of ownership refers to the transfer of property rights including ownership of the goods from one party to another, whereas transfer of risk refers to the point at which liability for any damage or loss of goods passes from one party to another.


BEWARE OF CYBERCRIME. WE ARE NOT RESPONSIBLE IF YOU PAY
INTO THE WRONG ACCOUNT

Shepstone & Wylie (S&W) will not change its banking details. Any communication you receive stating we have done so will be false - please contact us immediately.

If you bank with Standard Bank, Nedbank, Investec, FNB or Absa Bank you are encouraged to pay us using the bank approved beneficiary: Shepstone and Wylie Attorneys.

If you don’t use the bank approved beneficiary option, you must always call us to verify our banking details before making any payment.


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