order and acceptance and rejection.pptVIP

Order, Acceptance and Rejection Order An order is a request for the supply of a specific quantity of goods. It can be an acceptance of an offer or sent voluntarily by a buyer. Nowadays, importers can also use printed order forms. The major points of an order Details of description Quantities Unit price Packing Time of shipment Port of destination/shipment Terms of payment The obligations of the importer and the exporter The importer’s obligations: To accept the goods supplied, if they comply with the stipulations in the order; To pay for the goods according to the terms of payment agreed upon