(124) The statute notes that: "(a) The art dealer, after delivery of the work of fine art, shall constitute an agent of the artist for the purpose of sale or exhibition of the consigned work of fine art within the State of California;" and "(b) The work of fine art shall constitute property held in trust by the consignee for the benefit of the consignor
, and shall not be subject to claim by a creditor of the consignee." (125) Like New York's statute, California's statute also provides that "proceeds from the sale of the work of fine art shall constitute funds held in trust by the consignee for the benefit of the consignor
If the consignor
or consignee has a dock, platform, or ramp, the driver must load or unload packages or pieces that have the following dimensions:
1) Order receipt is carried out when a consignor
places an order to deliver its products to the consignees.
It's been 50 years since the painting was supposedly given as a gift." After careful consideration, however, the consignor
opted to resolve any issues and avoid the politicization of the masterpiece by donating it to an institution.
In a consignment transaction, the seller is the consignor
, and the purchaser is the consignee, The consignor
retains title to the goods delivered to the consignee, The consignee then holds the consigned goods for sale, or converts consigned raw materials to finished product for sale, Title to the consigned goods passes to the consignee when it uses or sells the goods.
The dialog will include the original consignor
's (owner's) name and how long (days) item is past "transfer date."
Situation : - Consider a situation where a Consignor
hands over his goods for transportation on Friday to transporter.
Also as a specific element of the shipping contract is worth mentioning that, one party, the consignor
, carries out his activity on a professional basis, undertaking the obligation to conclude on his behalf and on behalf of the other party, a transport agreement and to perform accessories operations.
Because QBE was not listed as the consignor
or consignee on the AWB, it did not have standing to sue.
UCC Section 9-319(a) also states that a consignee acquires all of the consignor
's rights in the consigned goods when the consignor
's interest is not perfected.
, who wishes to remain anonymous, has nominated Leon Gallery to act on his behalf.
One of these two parties must agree to become the shipper, often called the consignor
. This is the party designated to deal with the for-hire carrier and sign the contract of carriage known as the bill of lading.