B. Summarize the information of the Unit to be ready to speak on the usual structure of a Contract. Use the following prompts as a plan.
REVISION SUMMARY (10 вопросов)
1. Contract law doesn’t exist in noncommercial societies. Why is it so?
2. What is a Contract?
3. What are the factors that can affect the validity of a contract?
4. What are the risks for the exporters and the importers in international trade?
5. Name the basic methods of payment for international transactions.
6. What role does packaging play in international trade?
7. What information does labelling on product provide?
8. Speak on the general requirements for shipping documents.
9. What is a Force Majeure clause in a Contract? Why is it necessary to include it?
10. What are the advantages and disadvantages of an arbitration clause in a Contract?
Active vocabulary
airfreight n – авиагруз; плата, взимаемая за авиагруз
alteration n – изменение
amendment n – поправка, изменение, исправление
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