- Created by: Former Member
- Created on: 03-12-19 18:26
'Communication of withdrawal of an offer by telex is effective when it could be read, rather than when it is in fact read'
Failure to pay punctually on a charterparty will not amount to a repudiation in the absence of evidence of such an intention by the charterers. Payment is made when money is received by the creditor. The charterers hired a vessel "hire to be paid on…