Incoterms® 2020 for Importers and Exporters: Legal Cases, the Uniform Commercial Code, Examples and Incoterms® 2010
By Catherine J. Petersen & George W. Thompson
Learn how Incoterms 2020 can benefit you and your company when developing international business contracts and sales agreements.
Incoterms 2020 rules are an update to the Incoterms 2010 rules that have guided international transactions for the past 10 years. Sellers and buyers may begin using the terms January 1, 2020, in their agreements.
Most likely, you're already aware that changes have been made. In fact, you may have already read blog posts, seen announcements, or been to a class on the update. By reading this book, you will be able to put the Incoterms 2020 rules into the context of your business and understand the changes from Incoterms 2010.
For those who may be using FOB origin or FOB destination from the Uniform Commercial Code in your international business agreements, the book identifies the pros and cons of using those terms including a handy side-by-side chart that compares those terms with Incoterms 2010 and Incoterms 2020.
The book includes a variety of checklists and sample forms your business can use to determine which term to use in different scenarios and figures comparing the terms. And the book reviews and breaks down five relevant U.S. court cases from the past decade regarding the use of Incoterms for international sales.
Date/Pages: Version 2019.1 - 230 pages
- Trade Terms for Domestic and International Transactions.
- Incoterms® 2010 Product Transportation and Risk of Loss
- Incoterms® 2020 Product Transportation and Risk of Loss
- Costing Methods
- Mistakes Made: Court Cases Involving Incoterms® Rules
- Case Studies
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