ABSTRACT
In this chapter, we study the relationship between the RR and other sets of standard terms used in overseas sales such as Incoterms® 2010, UCP 600 2 and other model contracts 3 such as GAFTA 100, 4 FOSFA 53 5 and FOSFA 54. 6 The RR will provide which transport document (if any) the seller qua shipper/documentary shipper may get, but if this document does not satisfy the requirements of the sale contract or ultimately of the letter of credit, the seller will not get paid. The sale contract may incorporate Incoterms® and/or be based on a standard contract.
