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FourteenInternationalBizContractsinWriting
* Chapter Fourteen International Biz Contracts in Writing 14.1 Basic Concept of Contract14.2 Main Features of International Business Contract14.3 Categories of International Business Contract14.4Language Features in the Contract15.5 Following Contractual Norms14.6 The Structure of Contract 14.1 Basic Concept of ContractAn agreement between two or more parties that is enforceable by law, a legally enforceable and legally binding agreement. 14.2 Main Features of International Business ContractBearing the characteristics of specialty, foreign-orientation, statutory nature, and confidentiality. 14.3 Categories of International Business Contractcontracts for international sale of goodscontracts for international technology transfercontracts for Sino-foreign joint venturecontracts for international engineering projectscontracts for compensation tradecontracts for Sino-foreign cooperative development of natural resourcescontracts for foreign labor servicescontracts for international leasing affairscontracts for Sino-foreign credits and loanscontracts for international Build-Operate-Transfer (BOT)contracts for introduction of complete plant and technologylicense/know-how contracts The contract which need to be performed continuously over a long period are:contracts for Sino-foreign joint venturescontracts for Sino-foreign contractual joint ventures contracts for introduction of complete plant and technologycontracts for works of civil engineering construction 14.4 Language Features Text book page 386~387 One of language features in the Contract documents is its wording.The words and phrases used in the said documents shall be legal, formal,serious and accurate.--BIG WORD?The Employer hereby covenants to pay the Contractor in consideration of the execution and completion of the Works and the remedying of defects therein the Contract Price. 业主特此立约保证向承包人支付合同总价,以作为本工程施工、竣工及修改工程中缺陷的报酬。 The other l
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