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The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
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On February 5, 2011, SAFE Boats International won a U.S. government contract of $180,611,987.33 to provide 470 Response Boat-Small (RB-S) boats to U.S. Coast Guard shore units in order to perform law enforcement missions. It will also include 20 boats for Customs and Border Protection and 10 boats for the U.S. Navy, for a total of 500 boats. [9]
The Belle's new owners raised the boat from the riverbottom and planned to move the vessel upstream for repairs. [11] However, a lack of engines and expensive repairs that proved necessary before the vessel could be moved [ 12 ] meant that the restoration of the vessel was economically unfeasible, and the Brazos Belle was sold for scrap, [ 10 ...
Yachts are recreational boats Three different types of boats. Boating is the leisurely activity of travelling by boat, or the recreational use of a boat whether powerboats, sailboats, or man-powered vessels (such as rowing and paddle boats), focused on the travel itself, as well as sports activities, such as fishing or waterskiing. It is a ...
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