Tag Archives | Contract

Contract: Type and Formations | International Business

After reading this article you will learn about:- 1. Meaning of Contract 2. Types of Contracts 3. Formations 4. Parties 5. Basic Elements. Meaning of Contract: A contract is the result of inquiry, offer and negotiations process. It is a piece of duly signed document, which contains the negotiated and agreed detailed terms and conditions for the export and/or import [...]

By |2016-08-25T16:53:42+05:30August 25, 2016|Contract Management|Comments Off on Contract: Type and Formations | International Business
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Top 11 Elements of a Contract | International Business

This article throws light upon the top eleven elements of a contract. The elements are: 1. Item 2. Specifications 3. Dimensions and Tolerances 4. End Usage 5. Quantity 6. Quality 7. Delivery 8. Currency 9. Price 10. Payment 11. Packing. Element # 1. Item: This refers to the product name both the commercial and technical. The best way is to [...]

By |2016-08-25T16:53:42+05:30August 25, 2016|Contract Management|Comments Off on Top 11 Elements of a Contract | International Business
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