Integrated contract

A contract that states every provision to which the parties intend to agree. Parol evidence cannot be used to change or supplement the provisions of an integrated contract.

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Intellectual Property Rights (IPR)

The ownership of the right to posses or otherwise use or dispose of a product created by human work, including patents, trademarks, industrial designs and copyright. Intellectual Property Rights are transmitted and sold through license agreements such as International Trademark…

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Intended

A reference which may appear on marine bills of lading, non-negotiable sea waybills and multimodal transport documents where the carrier reserves the right to change the port of loading, the ship or the port of discharge. Examples: “intended port of…

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Intercultural business

Intercultural business refers to business relationships with people from different cultures. Such an interaction is becoming more inevitable with the growth of globalization and the assurance that any sizable business can expect to encounter some form of intercultural business during its various transactions….

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