How to write a business contract law

Lecturers:  Mr. Paul Arthur Luzu & Ms. Mina Alavash

Date: 17th & 20th Feb 2020

How to write a business contract law

Ms. Mina Alavash the lecturer of the topic started her part as below:

  • Negotiation is the first and the most important of the business contract law.
  • At first, everyone has to find out the parties credit information. The participants in the negotiation should be the authorized people in a company and they should be able to use their time in the meeting on the purpose of the contract.

The next steps of the agreement or contract are:

  • Parties Introduction
  • Recital
  • Appointment of the parties
  • Interpretation and definition of the words and their meaning
  • Supply of Product
  • Payment- Incoterms, Obligations
  • Marketing- Support & training

Mr. Paul Arthur Luzo – who was the second lecturers on contract law topic, continued the seminar as the following content:

Termination breach and its consequences- disputes and finally arbitration- the importance of governing law on contract and the venue of contract suit and finally Mr. Luzo ended his part about the importance of signatures and their authorization.