A promise by both parties to a contract to not disclose what they have learned about each other’s business to other parties is ___________________________.

Two types of termination are _________________ and _______________________.

An event beyond the control if any of the parties in an agreement that prevents one of the parties from fulfilling its obligations is called __________________________.

The term that defines only a large scale disaster such as; floods or volcanic eruptions is call an ___________________.

The products, territory and customers to the contract is referred to in a contract as the _____ ________________________.

The geographical area in which the agent or distributor is restricted/expected to sell is call _______________.

An agent or distributor that has been granted the right to be the sole representative of the exporter is ___________________________.

The customer to which the agent or distributor is not allowed to sell and are handled directly by the exporter are _______________________.

The initial duration of the distribution contract, and the duration of its eventual renewal period is known as the __________________________.

When a contract that, by design or by default does not have a specific duration it is known as an __________________________.

The national law that governs the terms of the contract is known as the _________________.

A group highly knowledgeable individuals who are empowered by both the parties to resolve and contract dispute.  Their decision is binding on both parties is called an _________________.

The specific facilities and activities that each party to a contract is committing to maintaining is called the ________________________.

The promotional activities that each party to a contract is committing to pursue is called ________________.

Products manufactured by a company other than the principal that compete directly with the principal’s products is called _______________________.

The list of the customers to which the agent or distributor sells the principal’s products is called a ________________________.

The unilateral decision, by one of the parties to a contract, to terminate the contract because the other party has not met the terms of the agreement is called, _______________________.

The unilateral decision, by one of the parties to a contract, to terminate the contract because the other party has not met the terms of the agreement is called, _______________________.

The unilateral decision, by one of the parties to a contract for reasons unrelated to performance of the contract by the other party is called, ______________________.

      The portion of an international shipment that takes place in the exporting country is called _______________.

MOU stands for Memorandum of understanding

FCL stand for Full Container Load:

SVC stand for Service Contract:

LCL stands for Less than Container load:

CY stand for:

CFS stands for:

IPI stand for Inland Port Interchange:

CHB stands for:

HTS stands for Harmonized Tariff Schedule:

FTZ stands for:

The portion of an international shipment that takes place between the exporting country and the importing country is __________________.

  The portion of an international shipment that takes place between the exporting country and the importing country is __________________.

Po The portion of an international shipment that take place in the importing country is called ______________.

The largest business organization in the world, with a goal to promote international business growth is the __________________________________.

  A series of eleven international terms of trade standardized by the International Chamber of Commerce is called ____________________.

  In an international voyage, the point at which the exporter ceases to be responsible for the goods is _______________________.

The point in time at which the ownership of the goods changes from the exporter to the importers is _________________________.

  In an international voyage, the point at which the responsibility for the goods switches from the exporter to the importer is ___________________.

LCL stand for less than container load:

FCL stands for full container load:

CY stands for container yard:

DIMS stand for Dimensions:

JV stand for Joint Value:

CBM stand for Cubic Metrics:

   The first step in the formation of a contract is the ______________.

The second step in the formation of a contract is the _________________.

   An intermediary step in the formation of a contract the party the offer is made to rejects is ____________________.