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Chapter 7 Inspection, claims, arbitration and Force Majeure

Teaching objectives and requirements

After learning this chapter you will be able to understand the provisions and some knowledge on inspection, claims arbitration and Force Majeure which are usually included in the sales contract as clauses. Students are required to have a thorough and good understanding of all the regulation and practices on the above clauses

Teaching focus and difficulty

FocusInspection of commodities, Arbitration, Force Majeure clause in the contract

DifficultyThe authentication of inspection, claims and settlement of claims, Force Majeure clause

 

7.1 Inspection of commodities

7.1 Concept of commodity inspection

7.2 function of Commodity inspection certificates

7.3 Compulsory inspection

7.4 Where and when commodity inspection is done

7.5 Surveyors or organizations, companies that may issue inspection certificates

7.6 Certificates commonly issued in China

7.7 Contents of an inspection clause in the international sales contract

7.2 Claims

7.2.1 Types of breaching a contract

7.2.2 Evidence for lodging a claim

7.2.3 Time limit for lodging a claim

7.2.4 Principles on compensation of a claim

7.2.5 Discrepancy and claim clause

7.3 Force Majeure

7.3.1 Content of Force Majeure clause in the contract

7.3.2 Settlement of breaching a contract due to force majeure

7.4 Arbitration

7.4.1 Approaches for settling an international business dispute

 
 
山东财经大学精品课程 - China's Economy and the Financial System Reform(中国经济与金融体系改革)
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