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Issues that should be paid attention to when adopting non-fixed price clauses
Adopting Non-Firm Price Clauses in Contract Negotiations: Considerations for Contracting Parties
The price of goods and services is a key consideration in contract negotiations. Companies usually want to secure the lowest possible price for what is being procured, while suppliers seek to maximize......
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Lila
International Commercial Practices
International Commercial Practices
Introduction
Business is an activity that involves buying and selling goods or services. Companies or individuals involved in business activities often transact with clients from different countries – this is called international commercial activity. It implie......
International factoring
International Factoring
FACTORING is the purchase by a factor of a seller’s accounts receivable. The factor buys thepaper (account) from the seller, usually for a discount or a fee. It then collects the paper from the buyer. Since factoring is a short-term finance, it does not normally pay intere......
international maritime fraud
International Maritime Fraud
International maritime fraud is a serious threat to the world’s oceans and coasts, and can take many forms. It can include fraudulent activity that takes place on board ships at sea, as well as in the ports and other coastal areas where vessels and cargoes originate ......
International technology transfer contract (2)
INTERNATIONAL TECHNOLOGY TRANSFER CONTRACT
This international technology transfer contract (“Contract”) is made on the date of _______ (hereinafter referred to as the “Effective Date”) through the negotiation and agreement by and between:
Party A (“First Party”): ________
Party B (“Seco......
Incoterms
International Trade Terms
International trade refers to the exchange of goods and services across international borders or territories. In todays globalized economy, these transactions have become increasingly regular and complex, resulting in the need for parties to develop a common language and......
International Trade Credit
International Trade Credit
International trade credit is a key factor in enabling businesses of all sizes to engage in global commerce. The ability to obtain credit for large projects or purchases can give companies the capital necessary to take part in transactions in different countries and mar......
Commodity purchase
怎么写
Goods Purchase
As an integrated manufacturer, one of the most important parts of our business is purchasing the raw materials and components that we need to make and assemble our products. In order to ensure that we always have the best materials at the best prices, it is important that we ......
The role of export credit insurance
Export Credit Insurance
Export credit insurance (ECI) is a type of insurance coverage that helps businesses involved in international trade to reduce their financial risks. It is designed to protect exporters against nonpayment of invoices due to any of several potential risks, such as insolvency......
Types of export credit insurance
Export Credit Insurance
Export credit insurance represents a form of financial risk protection for companies that engage in exporting activities, as well as other related business endeavors. As exporting activities can often times be risky due to currency exchange issues and credit related risks,......
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