Chaptr 4-part one.pptVIP

Chapter 4 Trade Terms Peggy Lan October 2013 耙捉蹲箩咋耙童鲜欠府褪稻哼吃向菠消月傲窜稳蓑海扳迅孽诫白窟蚕闽渊Chaptr 4-part oneChaptr 4-part one Contents 1. Review 2. Meaning of Trade Terms 3. Components of Trade Terms 4. Trade Conventions 5. Incoterms 坐碗股粮地揪位卜膳逃桨她至掷悔凋呢踊欢缕泻午棱歇软耀访皖昏阳陋盅Chaptr 4-part oneChaptr 4-part one Review What is the definition for contract? 2. What does the contract proper usually include? A contract is an agreement between two or more competent parties in which an offer is made and accepted, and each party benefits. It is an agreement which sets forth binding obligations of the relevant parties. 滦习篱秩跃艇岿乒尿臀危石薛孜孔浙脊槛赃孙疑敷舍谅缸矩就稳衍剂鲜绷Chaptr 4-part oneChaptr 4-part one 浚铜奢掘孵煽鸯陌绍柬嘎今捏澈搅鼻鲤泌占陶赶劳焉牵串贪荡担唆设譬娘Chaptr 4-part oneChaptr 4-part one Contents 1. Review 2. Meaning of Trade Terms 3. Components of Trade Terms 4. Trade Conventions 5. Incoterms 叶浴荐估澡卿振皑沪冻润怀掏豫竖赚自融淖痛阅姑惹筹以滦站更珍活装塌Chaptr 4-part oneChaptr 4-part one 2. What are Trade Terms The trade terms, are the short terms or abbreviations or brief English concept (3 English characters). to indicate/explain the composition/formation of the unit price; determine the: (1)responsibilities/rights and obligations, (2)expenses and (3)risks borne by two parties as well as the time of the passing of the property in the goods. 瓮吐骨其靳环肾墙卡帆孟愤巨赎货告碳犬叔忍足服丙饯迭流罢潞骇自碗郎Chaptr 4-part oneChaptr 4-part one Trade terms are short terms and abbreviations which are used: to explain the price composition, to define the delivery of the goods, to indicate which party bear the freight, insurance and other relevant charges, and to assume the liability in case damage or loss of the goods occurs. 2. What are Trade Terms 驮帕凰蛇落电即汕价示录彤牙亿停滩界何窿袜介良龄支林涵氮质衅柠牵允Chaptr 4-part oneChaptr 4-part one Contents 1. Review 2. Meaning of Trade Terms 3. Components of Trade Terms 4. Trade Conventions 5. Incoterms 柞乐寨准尹