This fictional contract describes the purchase agreement for the supply of Goods between the German Power Train KG and the India Mahadewi Ltd. It gives an overview of the necessary content of any international supply contract.
Inhaltsverzeichnis (Table of Contents)
- Supply Contract.
- Definition and Interpretation of Terms
- Contract
- Goods
- The Parties
- Seller
- Buyer
- Day, Month and Business Day
- Legislation
- Force Majeure
- Confidential Information
- Orders
- Purchase Price
- Transport.
- Transfer of Title
- Transfer of Risk..
- Terms of Delivery..
- Terms of Payment….......
- Duty to Inspection and Objection ......
- Warranty and Exclusion of Warranties...
- Defects and Removal of Defects
- Contractor's Liability for Consequential Loss or Damage.
- Term and Termination.......
- Secrecy Clause......
- Force Majeure..
- Arbitration Clause.
- Applicable Law.
- Assignment of Rights, Delegation of Duties.........
- Severability Clause
- Miscellaneous
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study focuses on a sample international purchase agreement for the supply of goods between a German company and an Indian company. The objective is to analyze the contract structure, key clauses, and legal considerations within the context of international trade.
- International Contract Law
- Supply Chain Management
- Contractual Obligations
- Dispute Resolution
- Risk Management
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter defines the terms of the contract, clarifying the meaning of "Contract," "Goods," and "Parties." It also specifies the applicable legislation for the agreement, highlighting the importance of England's legal system in this case. The definition of Force Majeure provides an overview of unforeseen circumstances that could affect contract performance. Lastly, the concept of Confidential Information is discussed, outlining the protection of sensitive information shared between the parties.
Schlüsselwörter (Keywords)
Key terms and topics explored in this study include: international contract law, international purchase agreement, supply chain management, contract structure, legal considerations, terms of delivery, payment terms, warranty clauses, dispute resolution, and risk management.
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- Kristin Huckenbeck (Author), 2013, International Supply Contracts, Munich, GRIN Verlag, https://www.grin.com/document/279004
