SlideShare une entreprise Scribd logo
1  sur  22
INTERNATIONAL SALE CONTRACT
The buyer and seller in different countries.
Characteristics:
 The subject of the contract have business
establishments registered in two different
countries.
 Foreign currency used in payment could be
either or both sides.
 The goods - the subject of the sale contract
delivered out of the seller's country during
contract performance.
www.StudsPlanet.com
CLASSIFICATION
In terms of performance period
 Short-term contracts
 Long-term contracts
In terms of business relations content in sale contracts
 Export contract
 Import contracts
 Temporary import for re-export contracts
 Temporary export for re-import contracts
 Transshipment contracts
www.StudsPlanet.com
THE MAIN ARTICLES AND SIGNATURE
OF CONTRACTING PARTIES
• Art.1. Commodity
• Art.2. Quality
• Art.3. Quantity
• Art.4. Price
• Art.5. Shipment
• Art.6. Payment
• Art.7. Packing and marking
Art.8. Warranty
Art.9. Penalty
Art.10. Insurance
Art.11. Force majeure
Art.12. Claim
Art.13. Arbitration
Art.14. Other terms and conditions
For the BUYER For the SELLER
www.StudsPlanet.com
The goods should be SIMPLE and EXACTLY
described.
We should write the name of the commodity with:
•The commercial and technical name.
Ex: Printing machines laser Epson EPL 6100
•The origin country.
•The manufacturer name.
Ex: Fax machine Panasonic KXFP-152
•The feature of the product.
Ex: Long grain White Rice 5% brokenwww.StudsPlanet.com
Methods to describe the quality of the commodity :
the sample
the standards
the trade mark
the technical documents
the amount of a substance
the natural weight
the inspected and approved
the present value of the product
the description
the familiar norms
www.StudsPlanet.com
IdentifyIdentify
Units ofUnits of
MeasuresMeasures
andand
WeightsWeights
MethodMethod
ofof
identifyinidentifyin
g quantityg quantity
Types ofTypes of
weightweight
www.StudsPlanet.com
CURRENCY OF PRICECURRENCY OF PRICE
METHOD OF IDENTIFYINGMETHOD OF IDENTIFYING
PRICEPRICE
TERMS OF SALETERMS OF SALE
www.StudsPlanet.com
FIXED PRICEFIXED PRICE
DEFERRED PRICEDEFERRED PRICE
REVISABLE PRICEREVISABLE PRICE
METHODMETHOD
OFOF
IDENTIFYINGIDENTIFYING
PRICEPRICE
www.StudsPlanet.com
TIME OF DELIVERYTIME OF DELIVERY
PLACE OF DELIVERYPLACE OF DELIVERY
NOTIFICATION OFNOTIFICATION OF
DELIVERYDELIVERY
www.StudsPlanet.com
www.StudsPlanet.com
1. Currency of payment and the amount of payment
Currency of importer’s country
Currency of exporter ’s country
Another country
2. Time of payment
Pre payment/ Payment in advance
Sight payment( immediate payment)
Deferred Payment www.StudsPlanet.com
www.StudsPlanet.com
Warranty period
Warranty terms and condition
The manufacturer's warranty to the quality of solar module
The manufacturer warrants the solar modules to be free from defects in
materials and workmanship under normal application, installation,
usage service conditions. If the solar modules fail to conform to this
warranty, then for a period ending 60 months from date of sale to the
original end-customer, the manufacturer at its option, either repair or
replacement or refund, or refund the purchase rice as paid by the
Customer. The manufacturer guarantees output power of PV module
is more than 25% of the minimum Peak Power within 10 years and
more than 50% in 25 years, if can't reach the warranty data, the
manufacturer will replace such loss in power either by replacing the
defective PV modules or by refunding the Purchase Price.
www.StudsPlanet.com
Late-delivery or non-delivery by any reasons except for
force majeure.
Late-payment due to reasons of the Buyer.
Delay of opening LC
Cancellation of the contract
www.StudsPlanet.com
Insurance documents:
Party who buy the insurance
Insurance condition
Insurance documentwww.StudsPlanet.com
www.StudsPlanet.com
•Natural disasters:
fire, flood, storm, earthquake…
•Social disturbances: war, strike,…
www.StudsPlanet.com
On the Basis of Terms and
Conditions of the Contract
On the Basis of
Consequence of Breach of
Contract
www.StudsPlanet.com
EXCUSES OF NON-PERFORMANCE OF
INTERNATIONAL CONTRACT
• Impossibility: supervening illegality
• Frustration of purpose (rare)
• Commercial impracticability: extreme
hardship, difficulty or unreasonable
expense or unforeseen events
• CISG: impediments beyond control
exemption
• Force majeure (superior force)
• War and natural calamities like
fire,earthquake ,etc
www.StudsPlanet.com
ASSANTE TECHNOLOGIES V. PMC-
SIERRA
• Facts: Assante placed order for parts
through distributor in California to PMC in
Canada. Assante’s order stated that
laws of buyer’s address should control.
PMC’s confirmation stated that the laws
of Canada would apply. Assante filed suit
in California state court. Case transferred
to Federal court. Assante argued the
case belonged in state court in
California.
www.StudsPlanet.com
ASSANTE TECHNOLOGIES V. PMC-
SIERRA
• Issue: Does the Federal Court have concurrent
jurisdiction over this matter?
• Holding: Yes. The case involves parties from two
different countries and thus the CISG applies. The
parties’ order and confirmation language was not
sufficient to opt out of the CISG.
www.StudsPlanet.com
REFERENCES
• http://en.wikipedia.org/wiki/United_Nations_Convention
• http://www.cisg.law.pace.edu/cisg/biblio/fucci.html
www.StudsPlanet.com

Contenu connexe

Tendances

International logistics
International logistics International logistics
International logistics Shafeek S
 
Export pricing and methods of payment
Export pricing and methods of paymentExport pricing and methods of payment
Export pricing and methods of paymentPiyu Arsha
 
Non - tariff barriers
Non - tariff barriersNon - tariff barriers
Non - tariff barriersZil Shah
 
CISG - Contract of Sale of Goods
CISG - Contract of Sale of GoodsCISG - Contract of Sale of Goods
CISG - Contract of Sale of GoodsNaveen6
 
Methods of payment in International trade
Methods of payment in International tradeMethods of payment in International trade
Methods of payment in International tradeDr. Sneha Sharma
 
Chapter 6 . export pricing
Chapter 6 . export pricingChapter 6 . export pricing
Chapter 6 . export pricingThane
 
Incoterms2020 Presentation in english
Incoterms2020 Presentation in englishIncoterms2020 Presentation in english
Incoterms2020 Presentation in englishABDURRAHMAN ÖZALP
 
Export import documentation
Export  import documentationExport  import documentation
Export import documentationDelwin Arikatt
 
Modes of entry to international business
Modes of entry to international businessModes of entry to international business
Modes of entry to international businessHarsh Bansal
 
Risks involved in imports
Risks involved in importsRisks involved in imports
Risks involved in importsSanjeev Patel
 
ICD,CFS and Deep Water port
ICD,CFS and Deep Water port ICD,CFS and Deep Water port
ICD,CFS and Deep Water port Sudhir Upadhyay
 
Methods of payment
Methods of paymentMethods of payment
Methods of paymentUdit Jain
 
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...Mohammed Jasir PV
 
International pricing of product
International pricing of productInternational pricing of product
International pricing of productbnishant123
 
Import export procedure flowchart
Import export procedure flowchartImport export procedure flowchart
Import export procedure flowchartTushar G
 

Tendances (20)

Incoterms
IncotermsIncoterms
Incoterms
 
International logistics
International logistics International logistics
International logistics
 
Export pricing and methods of payment
Export pricing and methods of paymentExport pricing and methods of payment
Export pricing and methods of payment
 
Non - tariff barriers
Non - tariff barriersNon - tariff barriers
Non - tariff barriers
 
Countertrade
Countertrade Countertrade
Countertrade
 
CISG - Contract of Sale of Goods
CISG - Contract of Sale of GoodsCISG - Contract of Sale of Goods
CISG - Contract of Sale of Goods
 
Methods of payment in International trade
Methods of payment in International tradeMethods of payment in International trade
Methods of payment in International trade
 
Chapter 6 . export pricing
Chapter 6 . export pricingChapter 6 . export pricing
Chapter 6 . export pricing
 
Counter trade
Counter trade Counter trade
Counter trade
 
Incoterms2020 Presentation in english
Incoterms2020 Presentation in englishIncoterms2020 Presentation in english
Incoterms2020 Presentation in english
 
Export import documentation
Export  import documentationExport  import documentation
Export import documentation
 
Modes of entry to international business
Modes of entry to international businessModes of entry to international business
Modes of entry to international business
 
Risks involved in imports
Risks involved in importsRisks involved in imports
Risks involved in imports
 
ICD,CFS and Deep Water port
ICD,CFS and Deep Water port ICD,CFS and Deep Water port
ICD,CFS and Deep Water port
 
Methods of payment
Methods of paymentMethods of payment
Methods of payment
 
Bill of lading
Bill of ladingBill of lading
Bill of lading
 
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...
Documents involved in International trade, INCOTERMS, Trade and Exchange Cont...
 
International pricing of product
International pricing of productInternational pricing of product
International pricing of product
 
Carriage of good by sea
Carriage of good by seaCarriage of good by sea
Carriage of good by sea
 
Import export procedure flowchart
Import export procedure flowchartImport export procedure flowchart
Import export procedure flowchart
 

En vedette

International Sales Agreements
International Sales AgreementsInternational Sales Agreements
International Sales AgreementsDror Futter
 
Audit comptable-financier-objectifs-demarches-et-techniques
Audit comptable-financier-objectifs-demarches-et-techniquesAudit comptable-financier-objectifs-demarches-et-techniques
Audit comptable-financier-objectifs-demarches-et-techniquesYoussef Bensafi
 
international commercial sale of goods
international commercial sale of goodsinternational commercial sale of goods
international commercial sale of goodsYoussef Bensafi
 
INTERNATIONAL SALE AGREEMENT TEMPLATE
INTERNATIONAL SALE AGREEMENT TEMPLATEINTERNATIONAL SALE AGREEMENT TEMPLATE
INTERNATIONAL SALE AGREEMENT TEMPLATEGlobal Negotiator
 
Sale of goods notes...
Sale of goods notes...Sale of goods notes...
Sale of goods notes...Rishav Mishra
 
International law of sales (1)
International law of sales (1)International law of sales (1)
International law of sales (1)bearister2746
 

En vedette (9)

International Sales Agreements
International Sales AgreementsInternational Sales Agreements
International Sales Agreements
 
Audit comptable-financier-objectifs-demarches-et-techniques
Audit comptable-financier-objectifs-demarches-et-techniquesAudit comptable-financier-objectifs-demarches-et-techniques
Audit comptable-financier-objectifs-demarches-et-techniques
 
international commercial sale of goods
international commercial sale of goodsinternational commercial sale of goods
international commercial sale of goods
 
Agency
AgencyAgency
Agency
 
INTERNATIONAL SALE AGREEMENT TEMPLATE
INTERNATIONAL SALE AGREEMENT TEMPLATEINTERNATIONAL SALE AGREEMENT TEMPLATE
INTERNATIONAL SALE AGREEMENT TEMPLATE
 
International Sales and Services Contracts
International Sales and Services ContractsInternational Sales and Services Contracts
International Sales and Services Contracts
 
Law of contract
Law of  contractLaw of  contract
Law of contract
 
Sale of goods notes...
Sale of goods notes...Sale of goods notes...
Sale of goods notes...
 
International law of sales (1)
International law of sales (1)International law of sales (1)
International law of sales (1)
 

Similaire à International sale contract 1

S.C2. Sale contract and docs in Trade Finance.pdf
S.C2. Sale contract and docs  in Trade Finance.pdfS.C2. Sale contract and docs  in Trade Finance.pdf
S.C2. Sale contract and docs in Trade Finance.pdfBnhLngPhngNht
 
Export pro, fin & doc
Export pro, fin & docExport pro, fin & doc
Export pro, fin & docRavi Sharma
 
International Business Strategies for Credit Professionals
International Business Strategies for Credit ProfessionalsInternational Business Strategies for Credit Professionals
International Business Strategies for Credit ProfessionalsKegler Brown Hill + Ritter
 
International Contracting And Import Finance 1
International Contracting And Import Finance 1International Contracting And Import Finance 1
International Contracting And Import Finance 1anshiiii
 
Documentary sale and terms of trade
Documentary sale and terms of tradeDocumentary sale and terms of trade
Documentary sale and terms of tradeStudsPlanet.com
 
Trade finance training for multistrada arah sarana 06 june2012_tpg
Trade finance training for multistrada arah sarana 06 june2012_tpgTrade finance training for multistrada arah sarana 06 june2012_tpg
Trade finance training for multistrada arah sarana 06 june2012_tpgadminMCC
 
International trade finance
International trade financeInternational trade finance
International trade financeNits Kedia
 
International trade finance
International trade financeInternational trade finance
International trade financeStudsPlanet.com
 
Trade finance training for MASA
Trade finance training for MASATrade finance training for MASA
Trade finance training for MASAVIVAIO
 
webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...
webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...
webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...Cluster TWEED
 
Exports from india guidelines basics
Exports from india guidelines basicsExports from india guidelines basics
Exports from india guidelines basicsmohanmannepalli
 
Exposure transaction
Exposure transactionExposure transaction
Exposure transactionNits Kedia
 
Import export procedure
Import export procedureImport export procedure
Import export procedureNits Kedia
 
Incoterms 2020 Delivery transfer-of-risk-and-transfer-of-title
Incoterms 2020 Delivery transfer-of-risk-and-transfer-of-titleIncoterms 2020 Delivery transfer-of-risk-and-transfer-of-title
Incoterms 2020 Delivery transfer-of-risk-and-transfer-of-titleZahedulAhasan1
 
CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...
CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...
CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...George Kovacic
 

Similaire à International sale contract 1 (20)

Ch09
Ch09Ch09
Ch09
 
Sales
SalesSales
Sales
 
S.C2. Sale contract and docs in Trade Finance.pdf
S.C2. Sale contract and docs  in Trade Finance.pdfS.C2. Sale contract and docs  in Trade Finance.pdf
S.C2. Sale contract and docs in Trade Finance.pdf
 
Export pro, fin & doc
Export pro, fin & docExport pro, fin & doc
Export pro, fin & doc
 
International Business Strategies for Credit Professionals
International Business Strategies for Credit ProfessionalsInternational Business Strategies for Credit Professionals
International Business Strategies for Credit Professionals
 
International Contracting And Import Finance 1
International Contracting And Import Finance 1International Contracting And Import Finance 1
International Contracting And Import Finance 1
 
Documentary sale and terms of trade
Documentary sale and terms of tradeDocumentary sale and terms of trade
Documentary sale and terms of trade
 
Trade finance training for multistrada arah sarana 06 june2012_tpg
Trade finance training for multistrada arah sarana 06 june2012_tpgTrade finance training for multistrada arah sarana 06 june2012_tpg
Trade finance training for multistrada arah sarana 06 june2012_tpg
 
International trade finance
International trade financeInternational trade finance
International trade finance
 
International trade finance
International trade financeInternational trade finance
International trade finance
 
Trade finance training for MASA
Trade finance training for MASATrade finance training for MASA
Trade finance training for MASA
 
Export procedures
Export proceduresExport procedures
Export procedures
 
webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...
webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...
webinaire-green-mirror-episode-2-Smart contracts and virtual purchase agreeme...
 
Exports from india guidelines basics
Exports from india guidelines basicsExports from india guidelines basics
Exports from india guidelines basics
 
Exposure transaction
Exposure transactionExposure transaction
Exposure transaction
 
Import export procedure
Import export procedureImport export procedure
Import export procedure
 
Import export procedure
Import export procedureImport export procedure
Import export procedure
 
Incoterms 2020 Delivery transfer-of-risk-and-transfer-of-title
Incoterms 2020 Delivery transfer-of-risk-and-transfer-of-titleIncoterms 2020 Delivery transfer-of-risk-and-transfer-of-title
Incoterms 2020 Delivery transfer-of-risk-and-transfer-of-title
 
CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...
CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...
CGEF (Canadian Global Exploration Forum) webinar - Entering New Markets: Key ...
 
Export (1) (1)
Export (1) (1)Export (1) (1)
Export (1) (1)
 

Plus de StudsPlanet.com

Hardware enhanced association rule mining
Hardware enhanced association rule miningHardware enhanced association rule mining
Hardware enhanced association rule miningStudsPlanet.com
 
Hardware enhanced association rule mining
Hardware enhanced association rule miningHardware enhanced association rule mining
Hardware enhanced association rule miningStudsPlanet.com
 
Face recognition using laplacianfaces
Face recognition using laplacianfaces Face recognition using laplacianfaces
Face recognition using laplacianfaces StudsPlanet.com
 
Face recognition using laplacianfaces
Face recognition using laplacianfaces Face recognition using laplacianfaces
Face recognition using laplacianfaces StudsPlanet.com
 
Worldwide market and trends for electronic manufacturing services
Worldwide market and trends for electronic manufacturing servicesWorldwide market and trends for electronic manufacturing services
Worldwide market and trends for electronic manufacturing servicesStudsPlanet.com
 
World electronic industry 2008
World electronic industry 2008World electronic industry 2008
World electronic industry 2008StudsPlanet.com
 
Trompenaars cultural dimensions
Trompenaars cultural dimensionsTrompenaars cultural dimensions
Trompenaars cultural dimensionsStudsPlanet.com
 
The building of the toyota car factory
The building of the toyota car factoryThe building of the toyota car factory
The building of the toyota car factoryStudsPlanet.com
 
The International legal environment of business
The International legal environment of businessThe International legal environment of business
The International legal environment of businessStudsPlanet.com
 
Roles of strategic leaders
Roles  of  strategic  leadersRoles  of  strategic  leaders
Roles of strategic leadersStudsPlanet.com
 
Resolution of intl commr disputes
Resolution of intl commr disputesResolution of intl commr disputes
Resolution of intl commr disputesStudsPlanet.com
 
Presentation on india's ftp
Presentation on india's ftpPresentation on india's ftp
Presentation on india's ftpStudsPlanet.com
 
Philips case study analysis
Philips case study analysisPhilips case study analysis
Philips case study analysisStudsPlanet.com
 

Plus de StudsPlanet.com (20)

Hardware enhanced association rule mining
Hardware enhanced association rule miningHardware enhanced association rule mining
Hardware enhanced association rule mining
 
Hardware enhanced association rule mining
Hardware enhanced association rule miningHardware enhanced association rule mining
Hardware enhanced association rule mining
 
Face recognition using laplacianfaces
Face recognition using laplacianfaces Face recognition using laplacianfaces
Face recognition using laplacianfaces
 
Face recognition using laplacianfaces
Face recognition using laplacianfaces Face recognition using laplacianfaces
Face recognition using laplacianfaces
 
Worldwide market and trends for electronic manufacturing services
Worldwide market and trends for electronic manufacturing servicesWorldwide market and trends for electronic manufacturing services
Worldwide market and trends for electronic manufacturing services
 
World electronic industry 2008
World electronic industry 2008World electronic industry 2008
World electronic industry 2008
 
Weberian model
Weberian modelWeberian model
Weberian model
 
Value orientation model
Value orientation modelValue orientation model
Value orientation model
 
Value orientation model
Value orientation modelValue orientation model
Value orientation model
 
Uk intellectual model
Uk intellectual modelUk intellectual model
Uk intellectual model
 
Trompenaars cultural dimensions
Trompenaars cultural dimensionsTrompenaars cultural dimensions
Trompenaars cultural dimensions
 
The building of the toyota car factory
The building of the toyota car factoryThe building of the toyota car factory
The building of the toyota car factory
 
The International legal environment of business
The International legal environment of businessThe International legal environment of business
The International legal environment of business
 
Textile Industry
Textile IndustryTextile Industry
Textile Industry
 
Roles of strategic leaders
Roles  of  strategic  leadersRoles  of  strategic  leaders
Roles of strategic leaders
 
Role of ecgc
Role of ecgcRole of ecgc
Role of ecgc
 
Resolution of intl commr disputes
Resolution of intl commr disputesResolution of intl commr disputes
Resolution of intl commr disputes
 
Presentation on india's ftp
Presentation on india's ftpPresentation on india's ftp
Presentation on india's ftp
 
Players in ib
Players in ibPlayers in ib
Players in ib
 
Philips case study analysis
Philips case study analysisPhilips case study analysis
Philips case study analysis
 

Dernier

psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docxPoojaSen20
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxAmita Gupta
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxcallscotland1987
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxDenish Jangid
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibitjbellavia9
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfPoh-Sun Goh
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseAnaAcapella
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Association for Project Management
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...ZurliaSoop
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...Nguyen Thanh Tu Collection
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfNirmal Dwivedi
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxVishalSingh1417
 

Dernier (20)

Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptx
 
Dyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptxDyslexia AI Workshop for Slideshare.pptx
Dyslexia AI Workshop for Slideshare.pptx
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibit
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 

International sale contract 1

  • 1. INTERNATIONAL SALE CONTRACT The buyer and seller in different countries. Characteristics:  The subject of the contract have business establishments registered in two different countries.  Foreign currency used in payment could be either or both sides.  The goods - the subject of the sale contract delivered out of the seller's country during contract performance. www.StudsPlanet.com
  • 2. CLASSIFICATION In terms of performance period  Short-term contracts  Long-term contracts In terms of business relations content in sale contracts  Export contract  Import contracts  Temporary import for re-export contracts  Temporary export for re-import contracts  Transshipment contracts www.StudsPlanet.com
  • 3. THE MAIN ARTICLES AND SIGNATURE OF CONTRACTING PARTIES • Art.1. Commodity • Art.2. Quality • Art.3. Quantity • Art.4. Price • Art.5. Shipment • Art.6. Payment • Art.7. Packing and marking Art.8. Warranty Art.9. Penalty Art.10. Insurance Art.11. Force majeure Art.12. Claim Art.13. Arbitration Art.14. Other terms and conditions For the BUYER For the SELLER www.StudsPlanet.com
  • 4. The goods should be SIMPLE and EXACTLY described. We should write the name of the commodity with: •The commercial and technical name. Ex: Printing machines laser Epson EPL 6100 •The origin country. •The manufacturer name. Ex: Fax machine Panasonic KXFP-152 •The feature of the product. Ex: Long grain White Rice 5% brokenwww.StudsPlanet.com
  • 5. Methods to describe the quality of the commodity : the sample the standards the trade mark the technical documents the amount of a substance the natural weight the inspected and approved the present value of the product the description the familiar norms www.StudsPlanet.com
  • 7. CURRENCY OF PRICECURRENCY OF PRICE METHOD OF IDENTIFYINGMETHOD OF IDENTIFYING PRICEPRICE TERMS OF SALETERMS OF SALE www.StudsPlanet.com
  • 8. FIXED PRICEFIXED PRICE DEFERRED PRICEDEFERRED PRICE REVISABLE PRICEREVISABLE PRICE METHODMETHOD OFOF IDENTIFYINGIDENTIFYING PRICEPRICE www.StudsPlanet.com
  • 9. TIME OF DELIVERYTIME OF DELIVERY PLACE OF DELIVERYPLACE OF DELIVERY NOTIFICATION OFNOTIFICATION OF DELIVERYDELIVERY www.StudsPlanet.com
  • 11. 1. Currency of payment and the amount of payment Currency of importer’s country Currency of exporter ’s country Another country 2. Time of payment Pre payment/ Payment in advance Sight payment( immediate payment) Deferred Payment www.StudsPlanet.com
  • 13. Warranty period Warranty terms and condition The manufacturer's warranty to the quality of solar module The manufacturer warrants the solar modules to be free from defects in materials and workmanship under normal application, installation, usage service conditions. If the solar modules fail to conform to this warranty, then for a period ending 60 months from date of sale to the original end-customer, the manufacturer at its option, either repair or replacement or refund, or refund the purchase rice as paid by the Customer. The manufacturer guarantees output power of PV module is more than 25% of the minimum Peak Power within 10 years and more than 50% in 25 years, if can't reach the warranty data, the manufacturer will replace such loss in power either by replacing the defective PV modules or by refunding the Purchase Price. www.StudsPlanet.com
  • 14. Late-delivery or non-delivery by any reasons except for force majeure. Late-payment due to reasons of the Buyer. Delay of opening LC Cancellation of the contract www.StudsPlanet.com
  • 15. Insurance documents: Party who buy the insurance Insurance condition Insurance documentwww.StudsPlanet.com
  • 17. •Natural disasters: fire, flood, storm, earthquake… •Social disturbances: war, strike,… www.StudsPlanet.com
  • 18. On the Basis of Terms and Conditions of the Contract On the Basis of Consequence of Breach of Contract www.StudsPlanet.com
  • 19. EXCUSES OF NON-PERFORMANCE OF INTERNATIONAL CONTRACT • Impossibility: supervening illegality • Frustration of purpose (rare) • Commercial impracticability: extreme hardship, difficulty or unreasonable expense or unforeseen events • CISG: impediments beyond control exemption • Force majeure (superior force) • War and natural calamities like fire,earthquake ,etc www.StudsPlanet.com
  • 20. ASSANTE TECHNOLOGIES V. PMC- SIERRA • Facts: Assante placed order for parts through distributor in California to PMC in Canada. Assante’s order stated that laws of buyer’s address should control. PMC’s confirmation stated that the laws of Canada would apply. Assante filed suit in California state court. Case transferred to Federal court. Assante argued the case belonged in state court in California. www.StudsPlanet.com
  • 21. ASSANTE TECHNOLOGIES V. PMC- SIERRA • Issue: Does the Federal Court have concurrent jurisdiction over this matter? • Holding: Yes. The case involves parties from two different countries and thus the CISG applies. The parties’ order and confirmation language was not sufficient to opt out of the CISG. www.StudsPlanet.com