7. The main articles and signature of contracting parties Art.1. Commodity Art.2. Quality Art.3. Quantity Art.4. Price Art.5. Shipment Art.6. Payment Art.7. Packing and marking Art.8. Warranty Art.9. Penalty Art.10. Insurance Art.11. Force majeure Art.12. Claim Art.13. Arbitration Art.14. Other terms and conditions For the BUYER For the SELLER
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10. Identify Units of Measures and Weights Method of identifying quantity Types of weight
16. Other remarks Partial shipment : allowed or not allowed * Not allowed: total shipment * Allowed: the parties should decide who will bear the additional costs arising from partial shipment, normally party requiring partial shipment Transshipment: allowed or prohibited
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26. Insurance documents : Main points: Party who buy the insurance Insurance condition Insurance document
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30. On the Basis of Terms and Conditions of the Contract On the Basis of Consequence of Breach of Contract
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32. Example: Claim All claim by Buyer shall be informed by telex or cable immediately after cargo completely received at destination port and be confirmed in writing delivered to the Seller within 30 days after such discharge ( for claim of any kind of talent defects respectively) together with survey report of international well-known surveyor.
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