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OBJECTIVES
After studying this unit, you should be able to:
1. explain the nature of export sales contract
2. distinguish between domestic sales contract and export sales contract
3. describe various Incoterms
4. explain-the rights and duties under principal Incoterms
5. describe general conditions in export contracts
6. Explain the methods of dispute settlement.
This enable the decision maker to select the most appropriate course of action. This needs more care and efforts. If validates or verifies the expected outcomes of each hyp
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Prescribed Manner : The manners in which the export proceeds are to be realised include: i) Payment should be received through an authorised dealer except in cases where genera
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PROCEDURE FOR MAKING A CLAIM : A claim will arise when any of the risks insured under the policy materialises. If an overseas buyer goes insolvent, the exporter becomes eligible f
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