uni-6-Business-contract

BusinessContractWhatisbusinesscontract?Ininternationaltrade,thebusinesscontractnormallyreferstotheagreementconcludedbybothpartiesandenforceablebylaw.Bywhichtheymutuallypromisetosellorbuysomeparticularcommodity,transferoracquireacertainindustrialpropertyorknowhow（专门技术）,orrenderoracceptacertainservice.KindsofcontractContractPurchasecontractSalescontractConfirmationPurchaseconfirmationSalesconfirmationFormationofcontractPreamble(序文，前言)BodyEndPreambleThepreamblecontains:NameofthecontractContractNo.SigningdateandplaceNameandaddressofthetwopartiesPreambleThepreamblemaytakethefollowingstatementastheopeningremark:ThecontractconcludedandmadebyandbetweenABCCo.(hereinaftercalled“thesellers”)andXYZCo.(hereinaftercalled“thebuyers”),whereasthesellersarewillingtosellthebuyersthecommoditylistedhereunder.Nowthesepresentwitnessthatitisherebyagreedbetweenthepartiesasfollows.BodyBasictermsandconditionsGeneraltermsandconditionsBasictermsandconditionsNameofcommodityandspecifications(品名及规格)：****Quantity:900M/TUnitprice(单价)：USD120perM/TCFRC5%SingaporeBasictermsandconditionsTotalamount:USD108,000with5%moreorless(溢短装）bothinamountandquantityattheseller’soption.(由卖方决定)Packing:bypaper-lined(衬纸的)glass-fiber(玻璃纤维)bagsof25kg.each.Countryoforigin:ChinaShippingmarks:tobedesignedbythesellers.BasictermsandconditionsPortofloadingandportofdestination:fromQingdaotoSingaporeTimeofshipment:DuringMay/July,2005,intothreeequallots.Partialshipmenttobeallowed,transshipmentnottobeallowed.Insurance:tobecoveredbythebuyersfor110%offullinvoicevalue.BasictermsandconditionsTermsofpayment:byirrevocableL/Ctocoverthetotalvalueofeachlotofshipmentasstipulatedabove.Commodityinspection:certificateofqualityandweightissuedbytheChineseImportandExportCommodityInspectionBureauattheportofshipment.GeneraltermsandconditionsAmendmentofL/CIftheL/Cisnotinaccordancewiththetermsofcontract,amendmentsshouldbemadeimmediatelybythebuyers.Buyersshallberesponsibleforanylossesthusincurredaswellasforthelateshipmentthuscaused.GeneraltermsandconditionsForceMajeure(不可抗力)--anaturalandunavoidablecatastrophethatinterruptstheexpectedcourseofevents.Thetimeofshipmentmightbeextended,orapartorwholeofthecontractmightbecancelledwithoutliabilityattachedtotheseller.Furnishthebuyerwithin15daysaftertheaccidentbyregisteredairmailwithacertificateissuedbythecompetentgovernmentauthority(ChinaCouncilforthePromotionofInternationalTrade)attheplace,attestingtheexistenceofthesaidcause.GeneraltermsandconditionsArbitration(仲裁)Heldinthecountrywherethedefendantresides,orinathirdcountryagreedbybothparties.Theawardisfinalandbindinguponbothparties.Thearbitrationfeesshallbebornebythelosingpartyonly.GeneraltermsandconditionsClaims(索赔)Thebuyersshallhavetherightwithin30or45daysafterthearrivalofthegoodsattheportofdestinationtolodgeorfileclaimsconcerningthequality,quantityorweightofthegoods(claimsforperishablegoodsaretobeputforwardimmediatelyafterarrivalofthegoodsatdestination.)EndofcontractThebusinesscontractisusuallyendedwithTwoparties’signature;Thestatement:ThecontractismadeoutinChineseandEnglish,bothversionsbeingequallyauthentic.Contractexamples: