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FrançaisIt is a document that details the general conditions that a seller (exporter) offers to a buyer (importer) for the supplying of goods or for rendering a service. It is usually used for repetitive sales or for sales with a…
Read MoreGeneral partnership
A partnership in which all of the partners have joint and several liability for the partnerships obligations. See joint and several liability.
Read MoreGmbH Gesellschaft mit beschränker Haftung
In German speaking countries (Austria, Germany, Switzerland) a designation for a private limited liability corporation with limited liability to shareholders.
Read MoreGoverning law clause
In a transaction with no foreign element involved it will not usually be necessary to specify the system of law which is to govern the transaction or the courts which are to have jurisdiction in the event of a dispute….
Read MoreGovernment procurement
A System through which official governments agencies purchase goods and services. Government procurement policies and practices may constitute non tariff barriers to trade if they discriminate in favour of domestic suppliers when competitive imported goods are cheaper or of better…
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