Some errors in contract work

Authors

  • Andrej Moiseevich Golubchik The Russian Foreign Trade Academy

Keywords:

Incoterms, Incoterms 2000, Incoterms 2010, terms of delivery, international trade contracts, laytime, demurrage

Abstract

When working on an international sales contract, parties are free to choose the terminology describing the properties of the product, its quantity and quality, and delivery terms; free to choose the jurisdiction in which the disputes arising in the course of the contract will be considered. However, practice shows that a significant part of the risks that arise while processing international trade contracts, are generated by the participants of foreign economic activity on the further stages of work, as with the text of the sales contracts and also with the contracts of carriage and insurance. In this article, the author considers the consequences that result from adding of sales contract clauses, terms and conditions, completely unusual for international trade contracts.

Author Biography

Andrej Moiseevich Golubchik, The Russian Foreign Trade Academy

Candidate of Economic Sciences, Professor
Place of work, post: The Russian Foreign Trade Academy, Department of foreign trade and international transactions, Professor

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Published

2024-02-08

How to Cite

Golubchik, A. M. (2024). Some errors in contract work. Russian Foreign Economic Journal, (10), 58–65. Retrieved from https://journal.vavt.ru/rfej/article/view/1101

Issue

No. 10 (2014)

Section

Foreign economic relations

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