In foreign trade transactions a contract is drawn up to give legal expression to the intention of the partners and guarantee that the obligation contained in the contract will be fulfilled.
The contract forms the basis of transaction between the Buyers and the Sellers and great care is exercised when the contract is being prepared that all the legal obligations have been stated.
According to the purpose and contents, contracts can cover: goods, services, patients, technology,etc. By law contracts are made in written and signed by the contracting parties.
As a rule the contract contains a number of clauses (articles) arranged in definite sequence.
4. Preamble Names of the Parties
5. Subject of the Contract
6. Price and Total Cost of the Contract or
Price and Total Amount (Sum) of the Contract or Price
7. Dates of Delivery or
Dates and Terms of Delivery or Time and Date of Delivery or Basis of Delivery
8. Payment or Terms of Payment or Conditions of Payment
Packing and Marking
Guarantees or Warranty
11. Sanctions and Claims or Penalty 9 Insurance 10. Force-Mejeure Circumstances
1T. Arbitration.
12. Other Conditions orMiscellaneous
13. Concluding Wording
14. LegalAddresses and Signatures of the Parties.
standard contracts are not a must.Some clauses may be altered and supplemented. They are used represent specific demandsto the subject of the Contract and to the orderof the fulfilment of the obligation
1. Taking-over of the Goods Transfer and Acceptance of Goods(Products)
2. Schedule of Delivery
3. Quality of Equipment
4. Inspection and Tests
5. Advice of Shipment and Shipping Instruction or Notification of Shipment.
6. Shipping Documents
Range of Design Documentation
2.3-2.4
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Some days ago our group visited museum- exhibition centerSilur.Silur Joint Stock Company is the biggest in Ukrainemanufacturer of steel ropes and wire for different branches ofindustry and the only ^ manufacturer of steel cord for motor -car tyres.
Our guide told us about the history of this enterprise and itsproduction nowadays. The history of Khartsyzsk steel wireand ropes factory began in 1949 with the production of ropewire. In the museum-hall we saw some stands with photos ofthe first workers and managers of this plant.
During.50 year's the enterprise has adjusted the output ofabout 2,000 dimension -types of steel wire and ropescomplying with 90 standards and produced about 10 milliontones of wire and 5 million tones of ropes. Using the ropesproduced during half of a century we can cover the globe byequator for more than 100 times.
. In 1994 the enterprise was reorganized into Silur JointStock Company that became a new stage of its history.Structural reformation allowed to be more flexible in reactingto the demands of the marketSilur is very perspectiveventure of many profiles. Its products were exported to 26countries throughout the world. This p;lant has got manyawards for the quality of its production, among them:Diploma of International Academic Rating of Popularity andQuality, Golden Fortune, Golden Skiff.
Excursion to the museum exhibition center Silur was veryuseful for us because our future profession is closelyconnected with metallurgy. Besides, it increased our knowledge about native town.
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Have you ever visited a museum Silur?
Yes. we visited it last week.
Who was the guide?
The master of the shop.
What did he tell about?
He told us about the history of this enterprise and its products.
1. Did you see photos of old workers and shops?
2. Yes of course.
1. What is the output of the plant dimension?
2.2000 types of wires and ropes.
1. How many ropes and wire did it produce?
210 million tons ofwire, and 5 million tons of ropes.
1. Can it cover the globe by equator?
Yes we can cover the globe by equator for more then 100 times by its wires and ropes.
1 .When was the plant reorganized in to Silur?
In 1994.
Is it a perspective venture?
Suppose it is.
Has the plant got many awards?
Yes of course.
Did you like the museum?
Yes I likeit very much.
2.1-2.2
