China's Company A concluded a contract with an Ind...
China's Company A concluded a contract with an Indian company on FCA Shanghai Airport. As contracted, goods should be delivered during August, and the buyer will pay the full price of USD 50,000 by T/T against the airline's advice of arrival. A got the Airway Bill after handing over the goods to the airline at Shanghai airport on August 31 and sent a shipping advice to the Indian company. The goods arrived at Bombay on September 2 and an advice of arrival was dispatched to the nominated bank who notified the Indian company to get documents and make payment. However, the price for wrist watches began to decrease, thus the Indian company refused to take delivery for A's late delivery. Was A's delivery late? Why?