ECONOMIC AND LEGAL PRINCIPLES OF FORWARDING COMPANIES AS CARGO AGENTS

Journal Title: Економічні інновації - Year 2017, Vol 1, Issue 63

Abstract

The article deals with the peculiarities of the activity enterprises of transport-forwarding, which are in the legal field as the principal of the principal. Examples are given when the forwarding-agent delegates his responsibilities to the subagent, then the specifics of distributing responsibility between the agents. The rationale will be for the need to consolidate forwarding agents into multinational organizations that operate in different countries and assume responsibility for a separate company in its composition. Questions are raised about the economic-legal relations between the forwarding agent and the principal, as the consumer of his services. And also it is considered on real examples of the occurrence of force majeure circumstances and their consequences. It is substantiated that the duty to comply with the client's instructions stems from the very nature of the relationship between the manager (client) and the agent, but there is a principle that the agent cannot be accused of having acted improperly if his interpretation of the ambiguous instruction was reasonable provided Such actions. Examples of extraordinary approaches to realization of relations between a client and an agent-forwarding agent in the system of the general law and examples of court opinions on the resolution of controversial issues are given.

Authors and Affiliations

O. M. Kotlubay, O. A. Lypynska

Keywords

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  • EP ID EP348969
  • DOI -
  • Views 94
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How To Cite

O. M. Kotlubay, O. A. Lypynska (2017). ECONOMIC AND LEGAL PRINCIPLES OF FORWARDING COMPANIES AS CARGO AGENTS. Економічні інновації, 1(63), 103-109. https://europub.co.uk/articles/-A-348969