The Value of ICOTERMS in International Trade
Number of pages:
14
ABSTRACT:
This 14 page papers the development and definition of ICOTERMS and the advantages that may be gained from their use. This is then considered in terms of the problems that have been seen in international business. The paper argues that ICOTERMS are a tool that may reduce disputes over the interpretations of terms, which will then reduce the number of cases heard by courts. To demonstrate this the development and use of FOB and CIF are examined in the context of English case law. The role of the Sales of Goods Act 1979 is also included in the discussion. The bibliography cites 20 sources.
FILE NAME:
File: TS14_TEicoter.rtf
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