INTERNATIONAL SALES CONTRACT

How many features are there in international sales contracts?

• 2

• 3

• 4

• 6

What is a written contract?

• A contract clearly stating the purchase and sale content, all agreed transaction conditions and signed by both parties.

• Is a contract signed orally based on trust between both parties

• Contracts are signed by mutual understanding or by action

• Is a printed document that is not are legally binding

The role of sales contract is/are

• Sale contract ensures fairness in international trade

• Sale contract is the basis for payment

• Sale Contract is the basis for resolving disputes that arise

• All the above answers

What is the most common and most effective form of contract signing?

• Oral form

• Text/ Written form

• Behavior form

• Any form prescribed by law

Force majeure events carry this characteristic:

• Objective

• Unforeseeable

• Insurmountable

• All of the above

The key issue of the Arbitration clause is:

• A. Selecting the Arbitration

• B. Choosing the law

• C. Choosing the language

• D. A & B are both correct

Which is not a basic document in the required set of documents?

• A. Commercial invoice

• B. Bill of lading

• C. Certficate of quality

• D. Packing list

Which is not a payment method?

• A. DEM

• B. T/T

• C. L/C

• D. CAD

How many ways of time of payment do we have?

• 1

• 2

• 3

• 4

Which one of these is not classified as a Force Majeure event?

• Civil War

• Earthquake

• Flood

• Hot weather