Nevada § 104.2319 - F.O.B. and F.A.S. terms

§ 104.2319. F.O.B. and F.A.S. terms

1. Unless otherwise agreed the term F.O.B. (which means “free on board”) at a named

place, even though used only in connection with the stated price, is a delivery term

under which: (a) When the term is F.O.B. the place of shipment, the seller must at that place ship

the goods in the manner provided in this article ( NRS 104.2504 ) and bear the expense and risk of putting them into the possession of the carrier;

or (b) When the term is F.O.B. the place of destination, the seller must at the seller’s

own expense and risk transport the goods to that place and there tender delivery of

them in the manner provided in this article ( NRS 104.2503 ); (c) When under either paragraph (a) or (b) the term is also F.O.B. vessel, car or

other vehicle, the seller must in addition at his or her own expense and risk load

the goods on board. If the term is F.O.B. vessel the buyer must name the vessel and in an appropriate

case the seller must comply with the provisions of this article on the form of bill

of lading ( NRS 104.2323 ). 2. Unless otherwise agreed the term F.A.S. vessel (which means “free alongside”) at

a named port, even though used only in connection with the stated price, is a delivery

term under which the seller must: (a) At the seller’s own expense and risk deliver the goods alongside the vessel in

the manner usual in that port or on a dock designated and provided by the buyer;

and (b) Obtain and tender a receipt for the goods in exchange for which the carrier is

under a duty to issue a bill of lading. 3. Unless otherwise agreed in any case falling within paragraph (a) or (c) of subsection

1 or subsection 2 the buyer must seasonably give any needed instructions for making

delivery, including when the term is F.A.S. or F.O.B. the loading berth of the vessel

and in an appropriate case its name and sailing date. The seller may treat the failure of needed instructions as a failure of cooperation

under this article ( NRS 104.2311 ). The seller may also at his or her option move the goods in any reasonable manner

preparatory to delivery or shipment. 4. Under the term F.O.B. vessel or F.A.S. unless otherwise agreed the buyer must make

payment against tender of the required documents and the seller may not tender nor

the buyer demand delivery of the goods in substitution for the documents.