Commercial offer
From Supply Chain Management Encyclopedia
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| - | The '''commercial offer''' or, simply, '''offer''' is a statement intended to result in a binding contract if duly accepted by the '''offeree'''.The offer (quotation)is adocument which, with a view to concluding a contract, sets out the conditions under which the goods are | + | The '''commercial offer''' or, simply, '''offer''' is a statement intended to result in a binding contract if duly accepted by the '''offeree'''.The offer ([[quotation]]) is adocument which, with a view to concluding a contract, sets out the conditions under which the goods are offered <ref> Trade Facilitation Terms: An English - Russian Glossary, United Nations, New York, Geneva, 2011 | http://www.ipaeurasec.org/docsdown/conference_0711/glossary_ed2_rev2.pdf </ref>. The seller should make certain that the essential elements of the contract are clearly stated in the communications exchanged by the parties. For example, in a contract for the sale of goods: |
| - | offered <ref> Trade Facilitation Terms: An English - Russian Glossary, United Nations, New York, Geneva, 2011 | http://www.ipaeurasec.org/docsdown/conference_0711/glossary_ed2_rev2.pdf </ref>. The seller should make certain that the essential elements of the contract are clearly stated in the communications exchanged by the parties. For example, in a contract for the sale of goods: | + | |
(a) the goods ordered should be described without ambiguity; | (a) the goods ordered should be described without ambiguity; | ||
Revision as of 00:05, 26 July 2011
The commercial offer or, simply, offer is a statement intended to result in a binding contract if duly accepted by the offeree.The offer (quotation) is adocument which, with a view to concluding a contract, sets out the conditions under which the goods are offered [1]. The seller should make certain that the essential elements of the contract are clearly stated in the communications exchanged by the parties. For example, in a contract for the sale of goods:
(a) the goods ordered should be described without ambiguity;
(b) the purchase price and the terms of payment should be stated; and
(c) the terms of delivery should be set out, including instructions for packing and invoicing, transportation and insurance.
Algorithmic Diagram of International Offering: Scheme and Descriptions
References
- ↑ Trade Facilitation Terms: An English - Russian Glossary, United Nations, New York, Geneva, 2011 | http://www.ipaeurasec.org/docsdown/conference_0711/glossary_ed2_rev2.pdf
