Section 1 Introduction
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Section 1 Introduction
The terms about the descriptions of the goods, about their quality, quantity, packing, price, shipment, insurance, payment, inspection, claims and disputes, arbitration and force majeure shall be agreed on before the business is done and the sales contract concluded.
To reach an agreement of the various terms mentioned above, negotiators usually going through five links: inquiry, offer, counter-offer, acceptance and conclusion of a contract.