Preparation of an Export Sales Contract Brazil Nuts PDF

Title	Preparation of an Export Sales Contract Brazil Nuts
Author	Warrior WK
Course	Import/Export Procedures I
Institution	Seneca College
Pages	2
File Size	46.9 KB
File Type	PDF
Total Downloads	75
Total Views	135

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Summary

LECTURE...

Description

Preparation of an Export Sales Contract

40 marks

The information below represents a sale that you are negotiating Using the information and the theory about contracts and documents, you must prepare a good Sales Contract and complete three documents (Commercial Invoice, Bill of Lading and Packing List) as per contract requirements. Buyer:

Gourmet Food Imports Ltd. Toronto Ontario, Canada

Seller:

La Bamba Exportador Ltd. Rio de Janeiro, Brazil

Sales Contract NR.

CA1811

Product:

Brazil Nuts, Grade A

H.S.#

0801.20.00

Quantity:

54,000.00 KG

Packing/Weight:

Packed in 25Kg Net, New gunny bags 28 Kg Gross/ bag

Measurement/Volume: .035 CBM/bag Shipping Instructions:

Loaded equally in 3x20’ containers

Marks:

BAM/4619/TOR

Ship via:

Ocean

Price:

US$ 2.50/Kg

Port of Loading:

Any Brazilian Port

Final Destination:

Toronto Ontario, Canada

Shipment Period:

October

Terms of Sale:

CIP Toronto Ontario

Presenting bank:

Royal Bank of Canada

Terms of Payment:

Collection at 30 days date

Documentation:

Commercial Invoice, Ocean Bill of Lading, Draft, Weight and Packing List, Draft, Marine Insurance Certificate, Preshipment inspection Certificate.

This contract is subject to ICC rules and the disputes arising from the transaction should be settle under the ICC Contract Rules...