International Contract: How to Draft an International Sales Contract

Author: (USA) Xibili Lili
Publisher:
Publish Date: 2002-12-01
Features: International Contracts aims to provide readers with knowledge related to international bilateral trade agreements. For most parties, when entering into agreements with merchants from other countries, they face many similar issues as when signing domestic trade contracts. For example, whether it is a domestic trade contract or an international trade contract, both parties must consider government regulations, quality control standards, intellectual property protection, and dispute resolution. However, international trade contracts add a certain degree of difficulty and complexity in negotiation, performance, and enforcement due to differences in geography, cultural background, and the different national legal systems followed by the parties. The authors of this book strive to avoid using overly complex legal terminology and aim to address the impact of widely existing different customs and legal systems on the drafting, interpretation, and implementation of trade contracts. At the end of the book, the authors provide various contract text examples to illustrate the influence of commercial customs in different regions on contracts. They also include a dedicated chapter explaining how different legal systems interpret contracts, and a glossary with detailed annotations to clarify the meanings of professional legal terms used in common contract clauses.