15/02/2022
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
INCOTERMS® 2020
- 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