General Conditions of International Sale

General Conditions of International Sale

General Conditions of International Sale in International Trade

Meaning of General Conditions of International Sale, according to the Dictionary of International Trade (Global Negotiator): It is a document that details the general conditions that a seller (exporter) offers to a buyer (importer) for the supplying of goods or for rendering a service. It is usually used for repetitive sales or for sales with a medium or small amount of money. This document must include the most important aspects of the international sale, such as: a description of goods, price and payment conditions, delivery conditions (Incoterms), etc. It can also include some other specific conditions, typical of contracts, like retention of title of property, delivery and risk transfer or the applicable law. The general conditions are usually attached to the commercial offer or can also be provided in the purchase order overleaf. See also terms and conditions. Model of General Conditions of International Sale.


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