Some errors in contract work
Keywords:
Incoterms, Incoterms 2000, Incoterms 2010, terms of delivery, international trade contracts, laytime, demurrageAbstract
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.