A Sales Agreement

Draft a contract to minimize your company’s overall risk for one of the methods you chose to conduct business (for example, if you chose to license a patent and export the goods, you can draft either a licensing agreement or a trade/sales agreement. Or if you chose to build a factory in a foreign country and import raw materials for production, you can draft a business contract or a sales agreement). Remember to consider:definite terms (who? What? How much? How many? How long?)responsibilities of partieschoice of law clauseforum/venue clause – dispute resolution clausewhat constitutes a fundamental breachallocation of risk (risk of loss) – insurance, cost, freightremedies, how to calculate damages

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