4. Title to merchandise. Consigned merchandise shall remain the property of FW INTER TRADING COMPANY LIMITED until sold.
5.Loss and insurance. Ms.boodz shall be responsible for all shortages, loss, or damage, while the merchandise is under the control of Ms.Boodz. Ms.Boodz shall maintain insurance in adequate amounts to pay for replacement of the merchandise in the event of such shortages, loss, or damage.
6.defaults. If Ms.boodz fails to abide by the obligation of this Agreement, including the obligation to remit the consignment to FW INTER TRADING COMPANY LIMITED when due, FW INTER TRADING COMPANY LIMITED shall have the option to cancel this agreement by providing Thirty days’ written notice to Ms.Boodz.Ms.Boodz Shall have the option of preventing the termination of this agreement by taking corrective action that cures the default, if such corrective action is taken prior to the end of the time period stated in the previous sentence, and if there are no other defaults during such time period.