How To (#10 October 2011)

Drafting and Managing International Supply Contracts: Practical Aspects

Dr. Mansur Pour Rafsendjani, Tatjana O. Khrystyuk

Goods, works and services have been traded across national borders for hundreds of years, and in that time businesses have learned how to supply every corner of the world. However, even today businesses still try to use national agreements worldwide. Needless to say, this approach leads to conflicts. In drafting an agreement, lawyers should consider potential problems that may arise and then prepare solutions according to the maxim: if you want peace, prepare for war…

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