Florida Statutes
Part III - General Obligation and Construction of Contract (Ss. 672.301-672.328)
672.321 - C.I.F. or C. & F.; “net landed weights”; “payment on arrival”; warranty of condition on arrival.


(1) Where the price is based on or is to be adjusted according to “net landed weights,” “delivered weights,” “out turn” quantity or quality or the like, unless otherwise agreed the seller must reasonably estimate the price. The payment due on tender of the documents called for by the contract is the amount so estimated, but after final adjustment of the price a settlement must be made with commercial promptness.
(2) An agreement described in subsection (1) or any warranty of quality or condition of the goods on arrival places upon the seller the risk of ordinary deterioration, shrinkage and the like in transportation but has no effect on the place or time of identification to the contract for sale or delivery or on the passing of the risk of loss.
(3) Unless otherwise agreed where the contract provides for payment on or after arrival of the goods the seller must before payment allow such preliminary inspection as is feasible; but if the goods are lost delivery of the documents and payment are due when the goods should have arrived.
History.—s. 1, ch. 65-254.
Note.—s. 2-321, U.C.C.

Structure Florida Statutes

Florida Statutes

Title XXXIX - Commercial Relations

Chapter 672 - Uniform Commercial Code: Sales

Part III - General Obligation and Construction of Contract (Ss. 672.301-672.328)

672.301 - General obligations of parties.

672.302 - Unconscionable contract or clause.

672.303 - Allocation or division of risks.

672.304 - Price payable in money, goods, realty, or otherwise.

672.305 - Open price term.

672.306 - Output, requirements, and exclusive dealings.

672.307 - Delivery in single lot or several lots.

672.308 - Absence of specified place for delivery.

672.309 - Absence of specific time provisions; notice of termination.

672.310 - Open time for payment or running of credit; authority to ship under reservation.

672.311 - Options and cooperation respecting performance.

672.312 - Warranty of title and against infringement; buyer’s obligation against infringement.

672.313 - Express warranties by affirmation, promise, description, sample.

672.314 - Implied warranty; merchantability; usage of trade.

672.315 - Implied warranty; fitness for particular purpose.

672.316 - Exclusion or modification of warranties.

672.317 - Cumulation and conflict of warranties express or implied.

672.318 - Third-party beneficiaries of warranties express or implied.

672.319 - “F.O.B.” and “F.A.S.” terms.

672.320 - “C.I.F.” and “C. & F.” terms.

672.321 - C.I.F. or C. & F.; “net landed weights”; “payment on arrival”; warranty of condition on arrival.

672.322 - Delivery “ex-ship.”

672.323 - Form of bill of lading required in overseas shipment; “overseas.”

672.324 - “No arrival, no sale” term.

672.325 - “Letter of credit” term; “confirmed credit.”

672.326 - Sale on approval and sale or return; rights of creditors.

672.327 - Special incidents of sale on approval and sale or return.

672.328 - Sale by auction.