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  • CONTRACTING LEGAL ASPECTS

  • contracting and legal

    CONTRACTThe module “Contracting and legal aspects” enable you to understand the basics of using contracts to negotiate and formalize transaction agreements, risks and advantages of model contracts; and to familiarize with ITC’s model contract. It is easier and safer if the process of negotiating a contract is recorded in some sort of writing or electronic means (such as an e-mail) as a way of proving the existence of the negotiations, the agreements reached on specific issues, or as a means of proving the existence of the contract.

    LEARNING OBJECTIVES

    ITC has developed this learning course as part of its continuing mission to develop and improve world trade, especially for developing countries and women entrepreneurs. The specialist authors have drawn from their experience and from the learning gained from respected works used in their personal development to enable you to:

    • Understand the basics of using contracts to negotiate and formalize transaction agreements;
    • Understand that Incoterms® 2010 are contract; 
    • Understand the use, risks and advantages of model contracts; and
    • Become familiarized with ITC’s model contract for the International Commercial Sale of Goods and model contract for the supply of services.