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May 10, 2012
INT'L TERMS 2010 RULES
International Commercial Terms are a set of international rules for the interpretation of the most commonly used trade terms in foreign trade. They are "Terms of Sale" which define the obligations, risks, and costs of the seller and buyer for delivery of goods
ON LINE SESSION (HALF-DAY) 10:30 a.m. to 2:00 p.m. - Central Time
PURPOSE AND SCOPE OF INCOTERMS® RULES
- Terms of Sale vs. Terms of Payment
- Difference between Terms of Sale for domestic shipments vs. international trade
- Terminology of International Trade
STRUCTURE OF INCOTERMS® RULES
- Definition of the 11 Incoterms® Rules
- Review of the four groups of terms
- Transfer of Risk from the Seller to the Buyer
- Responsibilities and Obligations for the Seller and Buyer
- Responsibility for Insurance
- Costs Associated with Each Term
OBLIGATIONS AND PROOF OF COMPLETION
- Analysis of the 10 obligations for each term of sale
- Documentation that is appropriate for proof of completion
CASE STUDIES
- Discussion of most appropriate Int'l Term with various case studies
- Exercises with Incoterms®
INFORMATION RESOURCES
- Publications
- Phone Numbers
- Web Sites
WEBINAR ONE-DAY FEE - *Early Registration $295 per person ($345 Late Registration)
*Register at least 1 month in advance for discount. Certificate Issued Upon Completion
"Incoterms®" is a trademark of the International Chamber of Commerce.
About Our Instructors:
Global Training Center Instructors teach with knowledge and enthusiasm to provide real-world insight to tough situations. They can respond to your questions with confidence. Each Instructor has over 15 years of international trading experience. Each Instructor is prepared to help you understand the numerous details involved in complying with export and import regulations. Our goal is to assist you in building a strong international foundation. |
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