Commentary

157.3 Delivery in international contracts

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

157.3 Delivery in international contracts

| Commentary

157.3 Delivery in international contracts

Where the delivery is to be made in another jurisdiction, the parties should consider using INCOTERMS. INCOTERMS was devised by the International Chamber of Commerce to address the problem that different jurisdictions may call a particular type of international sale agreement by the same name whilst interpreting the parties’ obligations under that agreement in significantly different ways. INCOTERMS is intended to provide uniformity in relation to those contracts. The most recent version is called INCOTERMS 20101 and it consists of 11 terms grouped under two categories:

  1. 157.3.1

        deliveries by any mode of transport (sea, road,

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