Part 1 The Basics of Contract

Chapter 1 Contract and Its Formation

Section 1 Commercial Contract & International Commercial Contract

1.1 Commercial Contract for the Domestic Sales of Goods

1.2 Commercial Contract for the International Sales of Goods

1.3 Relevant Transport Document

1.4 Electronic Data Interchange

1.5 Payment for the Goods

1.6 Contractual Relations Involved in the International Transactions

Section 2 Formation of Contract & the CISG

2.1 Offer and Acceptance

2.2 Mailbox Rule and Acceptance Rule

2.3 Consideration

2.4 Formality of Contract

2.5 Parole Evidence Rule

Section 3 Structure of Contract

Section 4 Settlement of Dispute

4.1 Dispute

4.2 Settlement of Dispute

Chapter 2 Incoterms 2000

Section Incoterms 2000

1.1 Figure 1

1.2 "E" Term Dealing with Passing at the Seller's Premises

1.3 "F" Term Dealing with Port-to-Port Shipment

1.4 "C" Terms Doaling with Port-to-Port Shipment

1.5 "D" Term: Destination or "Arrival" Contracts

1.6 Multimodal Transport Terms Developed by Incoterms

Chapter 3 Letters of Credit

Section 1 Characteristics of a Documentary Letter of Credit

Procedure Used in a Letter of Credit

Section 2 Types of Documentary Credits

2.1 Revocable and Irrevocable Credits

2.2 Confirmed and Unconfirmed Credits

2.3 Method of Payment under a Credit

2.4 Sight Drafts

2.5 Negotiation Credits

2.6 Other Types of Credit Arrangements Recognized by UCP 500

2.7 Stages in the Transaction

2.8 Responsibility of the Intermediary Bank

Chapter 4 Norms of the Contract

Section 1 The Norms of the Contract

1.1 Hereinafter

1.2 The Concerned Parties to the Contract

1.3 Definition

1.4 Usage of "Shall"

1.5 The Conditional Clauses

1.6 Usage of Capitalization

Section 2 Usage of Old English

2.1 "Here" Group

2.2 "There" Group

2.3 "Where" Group

2.4 Others

Chapter 5 Set Clauses of the Contract

Section Set Clauses of the Contract

1.1 Identification of Parties

1.2 Force Majeure

1.3 Cancellation

1.4 Arbitration

1.5 Governing Law and Choice of Forum

Part 2 Types of Contracts

Chapter 6 Purchase Contract

Text A Purchase Contract

Text B Canada National Cereal, Oil & Foodstuffs Import and Export Corporation Purchase Contract

Exercises

Chapter 7 Sales Contract

Text A Sales Contract(1)

Text B Sales Contract(2)

Exercises

Chapter 8 Employment Contract

Text A Employment Contract

Text B Overseas Hired Employment Contract

Exercises

Chapter 9 Cooperative Joint Venture Contract

Text The Contract for Sino-foreign Cooperative Joint Venture

Exercises

Chapter 10 Equity Joint Venture Contract

Text The Contract for Sino-foreign Equity Joint Venture

Exercises

Chapter 11 Compensation Trade Contract

Text A Compensation Trade Contract(1)

Text B Compensation Trade Contract(2)

Exercises

Chapter 12 Assembling & Processing Contract

Text A Contract for Processing & Assembling

Text B Contract for Processing with Supplied Materials and Assembling with

Supplied Parts

Exercises

Chapter 13 Distribution & Consignment Contract

Text A Exclusive Agency Agreement

Text B Sales Agency Agreement

Exercises

Chapter 14 Contract for Machinery Equipment

Text Contract for A Complete Set of Equipment

Exercises

Chapter 15 Technology Transfer

Text A Contract of the Transfer of Technology

Text B Licence Contract for Patent and Technology

Exercises

Keys to Exercises

Appendix 1

Appendix 2

Appendix 3

Appendix 4

Appendix 5

References