Key Consideration in Commercial Contracts & Incoterms® 2020


Key Consideration in Commercial Contracts & Incoterms® 2020


Scope of material:

 Key Consideration in Commercial Contracts

  • Contract Law
  • Structure Of Contract
  • Standard Clauses
  • Governing Law or Choice of Law
  • Governing Language
  • Termination of Contract
  • Dispute Resolution or Choice of Forum
  • Force Majeure
  • Modification and/or Amendments and/or Waiver



  • Introduction
  • What does it mean?
  • How to choose the appropriate Incoterms rule?
  • Main features of Incoterms rules
  • What the Incoterms rules do & do not do
  • Terms used in the Incoterms 2020
  • Change in the acronym for DAT to DPU
  • Overview of COVID-19 and Incoterms® 2020 – D is for delay
  • Overview of the Key Changes in Incoterms® 2020
  • Insurance
  • How to Use Incoterms
  • Rules for any mode or modes of transport (EXW, FCA, CPT, CIP, DAP, DPU, DDP)
  • Rules for sea and inland Waterway (FAS, FOB, CFR, CIF)
  • Real life scenarios & case study



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