The set-up of an escrow agreement solves many of the trust issues existing between counterparts who have limited information about each other. An escrow account is set up by a reputable financial institution: the buyer will be more comfortable to send funds to such an...
Incoterms are universally recognised rules. They guide buyers and sellers when formulating and fulfilling a contract for the shipment of goods. A careful study of INCOTERMS 2020 will repay the effort by enabling more favourable trade terms. It allows the manufacturer...
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