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Drafting a Contract for the International Sale of Goods Instruction

   

Added on  2023-06-18

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Drafting a Contract for
the International Sale
of Goods Instruction
Drafting a Contract for the International Sale of Goods Instruction_1

INTRODUCTION
The contract is an agreement which is made between the parties which provides for the
terms and conditions of it. At an international level, the United Nations Convention on the
Contracts for International Sale of Goods is the multilateral treaty 2which mainly establishes the
uniform framework for the international commerce. This law mainly governs the contract for
sales of goods which are made between the seller and buyer and whose place of business is in
distinct countries who have made CISG as the part of their law namely called contracting states.
This report will cover the drafting of the contract for the international sales of the goods.
MAIN BODY
Contract
DATE:
PARTIES:
Green & Gold Winery Pty Ltd
Of 32 Bond Street Robina 426 QLD, Australia
(Seller)
Between
Wine & Dine Catering Pty Ltd
Of 3 Dundas Street, Mong Kok, Hong Kong
(Buyer)
BACKGROUND:
1. The seller is the wine estate and sells the cultivator of the wine, 2020 Cultivar Shiraz (the
Goods).
2. The buyer is the catering business which mainly specialises in the upmarket corporate
events like board room dinners as well as corporate functions for the corporations as well
as private firms.
3. The seller and buyer have intended to enter into the business sales agreement of the good
for a term of three years.
Both the parties declare the interest in purchase and sale of the goods under present contract and
Drafting a Contract for the International Sale of Goods Instruction_2

also undertake to observe following terms and conditions-
THE PARTIES AGREE AS FOLLOWS:
1. Commencement and Documentation
The parties have agreed in good faith to legally bind this contract for the sales of
cultivator wine.
The commencement date for the contract which is set by the parties is on 1st November
2021 and duration of the same shall be three years from the commencement date.
2. Product
Under this current contract, seller undertakes to provide and buyer intends to make the
purchase of good which is labelled as 2020 Cultivar Shiraz 1870, 750ml. This wine shall
be provided from the own grapes of seller but it may wish to reserve a right to make use
of the grapes that are bought in.
There is no such guarantee from the side of seller that the wine bottles be made up of the
grapes that are grown on its own vineyard but it will make sure that the other grapes that
are used offer similar quality of wine.
The wine takes normally up to 2 years from the harvest to bottling it in order to make it
ready for the sale.
3. Price
The buyer hereby agrees to pay the sum of USD 40 per Good FOB and seller agrees to
accept it for the time duration of contract. The price of purchase is inclusive of the import
charges, GST and other taxes. The seller shall provide the discount of 15% on price per
bottle if the certain number of minimum bottles are ordered per year.
The seller holds the right to increase the price every year due to significant increase of the
cost of production in next five years. but the increase shall be subject to the consent and
mutual agreement between the buyer and seller.
4. Minimum order
The buyer must give minimum order of the wine bottles per year for the time period of
three years. The minimum order for the wine bottles shall be 3600 bottles during the three
years’ time duration or 80 goods for each order in a month
The order is required to be placed by the buyer on 15th of every month. In case, the order
is to be placed by buyer before 15th of each month, then the seller is required to give the
Drafting a Contract for the International Sale of Goods Instruction_3

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