Presentation – Letter of Credit Documents

What are the documents commonly used in letter of credit transactions? Understanding the main characteristics and usage of the letter of credit documents.

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3. International Sales Contract

  • Contract of sale is defined as “formal contract by which a seller agrees to sell and a
    buyer agrees to buy, under certain terms and conditions spelled out in writing in the
    document signed by both parties.
  • Also called agreement of sale, contract for sale, sale agreement, or sale contract.
  • A sales contract can cover any kind of sales action such as sales of intellectual
    property rights, sales of real estate etc… We will be focusing only on international
    contracts for sale of goods.
  • For detailed information please visit our international sales contract page.