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Part One International Business Contracts 1. Sales Contract Focal Points Understanding the importance of sales contract The principles of writing a sales contract The basic form of sales contract Grasping useful sentences or related words It is the realization of all the previous business practices we have specified before Contents: The title of the contract The date and the place of signing the contract or agreement The preamble of the contract or agreement The name and specifications of the commodity quantity, unit price and total value, packing, shipment, payment, insurance, inspection, claim and arbitration, etc. ? 1?Name of commodity Specification: Hand-embroidered Silk Scarves Item 3 ??????2?Quantity: 2,400 pieces ??????3?Unit?Price: CFR New York US$ 20.00 per piece ??????4?Total?Amount: US$ 48,000 ??????5?Country of Origin and Manufacturers: Xi’an Red Star Company, China ??????6?Time?of?Shipment:September, 20___ ??????7?Port?of?Loading: Qingdao, China ??????8?Port?of?Destination:New York, USA? ??????9??Packing:Each piece packed in a plastic bag, 12 pieces in a carton.? ??????10??Shipping?Marks:at the Buyer’s option. ??????11?Insurance: To?be?covered?by?Buyers?for?110%?of?full?invoice?value?against All Risks. ??????12?Terms of Payment: By?100%confirmed,?irrevocable,?transferable?and?divisible?L/C?to?be available?by?sight?draft?to?reach?the?sellers?30 days before?the time of shipment?and?to?remain?valid?for?negotiation?in?China?until?15?days?after ?the aforesaid?time?of?shipment.?The?L/C?must?specify?that?transhipment and?partial?shipments?are?allowed. 13?Inspection: The Inspection Certificate of Quality/Quantity/Weight /Packing/Sanitation issued by China Commodity Inspection Bureau shall be regarded as evidence of the Seller’s delivery. The Buyer may have the goods reinspected by authorized organization after thegoods’ arrival at the destination. The reinspection fee shall be borne by the Buyer. 14?Documents:The
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