On the other hand, the execution of the consignment agreement gives rise to legal effects in relations between the
consignee and third parties (buyers).
The Rensselaer Polytechnic Institute study, which examined ways to relieve traffic congestion in metropolitan New York, surveyed more than 30 shippers, third-party logistics companies, warehouses, and
consignees in that area.
The
consignee may hold the goods for sale, or use the goods, such as converting the goods to a finished product for sale.
The
consignee may hold the goods, use them in the manufacture of a final product and/or attempt to sell the consigned goods or finished product incorporating the consigned goods.
In Case Where Separate Orders For An Item For Different
Consignees Paying Authority Are Placed On One Firm Against One Tender, Total Quantity Of All Such Orders Shall Be The Basis For The Purpose Of Option Clause.
All validated
consignees will bring their documents to the LPMC Warehouse for validation before proceeding for payment.
4 -Condition For Multiple
Consignees:- Offers Where Rates Are Either Quoted For Each Of The Tendered
Consignees Or Not Quoted For One Or More
Consignee, And The Firm Also Mentions Anywhere In Their Offer To Supply The Requirement Of One Or More
Consignee S Only To Other
Consignee S , Such Offer Shall Be Summarily Rejected For The
Consignee S Whose Quantity The Firm Has Offered To Supply At Other
Consignee S .
