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:
Focus:Inspection of commodities, Arbitration, Force Majeure clause in the contract
Difficulty:The 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