Tambet Laasik and Irina Meldjuk writing in accounting news magazine about responsibility regarding deterioration, loss or shortage of goods
In the 2/2017 issue of accounting magazine „Raamatupidamisuudised“ the article „Deterioration, loss or shortage of goods – who is responsible?“ by attorney-at-law Tambet Laasik and lawyer Irina Meldjuk was published. The article is covering legal and evidential problems occurring with the loss of goods, and the related responsibility.
Upon concluding a sales contract, the purchaser usually presumes receiving the agreed amount of goods with the desired quality, while the seller is interested is receiving fair price for the goods.
However, this simple mechanism sometimes fails to work. In practice the cases are common where by the time of delivery a part of the goods is deteriorated, damaged, lost or even stolen. The question of whether the purchaser is subject to pay for the goods even if failing to receive the whole package is a significant legal problem relating to sales contracts which may cause various disputes. Correctly formulated contracts and detailed documentation of the sales processes help avoiding and resolving such situations.
Full article in Estonian is available for the subscribers of the accounting magazine “Raamatupidamisuudised”.