Incoterms® 2020 Handbook, penned by an expert who has been active in the formal interpretation, drafting and application of the various versions of the Incoterms since the 1990s, is a thorough and hands-on guide for advanced or advancing users elucidating the framing and implications of each term in the complex international trade and transport environment where English is the lingua franca. The internationally accepted trade terms known as Incoterms comprise a crucial instrument for the supply chain management. Although the terms have been used globally in contracts of sale for nearly a century, there is surprisingly little practical legal guidance on how to use them appropriately to avoid accidents and unwarranted disputes.
What’s in this book:
Delving deep into the use of Incoterms® 2020 in contracts of sale, interacting with contracts of transport, insurance, and finance, the author furnishes detailed and exhaustive descriptions and analyses of each of the 11 Incoterms® 2020 in the logistical order of a sales transaction, together with practical notes about the use of each term. The book covers the following issues:
The book is richly supported with illustrations, charts, and case studies.
How this will help you:
The pragmatic guidance offered by this book will be highly beneficial to managers or professionals responsible for sales or procurement, or logistics in the sale of goods, including transport, freight forwarding, and marine insurance. In-house lawyers, accountants, surveyors, and other experts involved in concluding sales contracts or settling disputes in connection with them will also find this book helpful. Academics and students concerned with commercial subjects will appreciate the author’s detailed and knowledgeable treatment of the subject.