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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
31 / 8677 |
Essay's paper body
- Seller pays for customs export.
- Buyer pays for customs import.
How should the courts interpret the INCOTERMS? Argue both for exam
Strict Construction Loose Construction
- Predictability
- Uniformity (even more important in the int'l arena por different languages and courses of business)
- Stability
- Affect of commerce: could make it more efficient bc party's can't be creative - strict construction is formalistic and doesn't reflect reality
- INCOTERMS should just be gap fillers and shouldn't interfere w/ the terms in the K
- Intent of the parties making the K
- Flexibility in contracting facilitates business
Types of interpretation that courts can use for INCOTERMS:
1...
Essay fragment
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- Seller pays for customs export.
- Buyer pays for customs import.
How should the courts interpret the INCOTERMS? Argue both for exam
Strict Construction Loose Construction
- Predictability
- Uniformity (even more important in the int'l arena por different languages and courses of business)
- Stability
- Affect of commerce: could make it more efficient bc party's can't be creative - strict construction is formalistic and doesn't reflect reality
- INCOTERMS should just be gap fillers and shouldn't interfere w/ the terms in the K
- Intent of the parties making the K
- Flexibility in contracting facilitates business
Types of interpretation that courts can use for INCOTERMS:
1...
Essay fragment
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