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Unit Nine International Agency Lead-in Listening Lead-in Spot Dictation Listening The choice of an import agent is a delicate task, and the manufacturer should obtain: 1. A clear picture of the would-be agents commercial history; 2. His banking and commercial references; 3. A list of other products handled and companies represented; 4. The agents premises visited with a personal interview; 5. For a trial period, the firm chosen is usually granted an exclusive right to sell the manufacturers product. Text A New Words and Expressions principal n. 委托人 exclusive a. 专有的,独占的 preclude v. 排除 explicitly ad. 明白地,明确地 aggregate a. 合计的 execution n. 执行,履行 Reading Reading Reading Reading Reading Reading Reading Reading Reading Reading He shall also notify the principal immediately after L/C is opened so that he can get prepared for delivery. As to the expenses of advertisement and publicity, it is usually the agent who bears all expenses within the aforementioned territory in the duration of the agreement and submits to the principal all patterns and/or drawings and description for prior approval. Concerning arbitration, all parties agree that all disputes arising from the execution of the agreement shall be settled through friendly consultations. In case no settlement can be reached, the case in dispute shall then be submitted to the Foreign Trade Arbitration Commission of the China Council for the Promotion of International Trade for arbitration in accordance with its provisional rules of procedure. The decision made by this Commission shall be regarded as final and binding upon both parties. Arbitration fees shall be borne by the losing party, unless otherwise awarded. Comprehension Comprehension Comprehension Comprehension Vocabulary Vocabulary Vocabulary
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