美国 essay 代 写-信用证
美国 essay 代 写-信用证
To conclude, Len should strike balance between commercial interests and also maintain the interest of the company. EXW incoterm should be incorporated as it benefits the buyer. Incoterms favorable for seller are EXW. There is a risk of losing purchaser and future business prospective. Hence, it is suggested to follow EXW and offer certain discounts or privileges for the buyer while framing the actual contract.Document of credit is a certificate that guarantees that the seller is paid no matter what the pursuant circumstances of the buyer are. Buyer usually sends “Letters of credit”. This letters of credit should be preferred. In this buyer irrespective of the situations basically guarantees the seller the payments. Since the seller stands to gain most from this transaction, negotiated prices or standby documentary can be used. However, there should be balance between the seller and the buyer requirements. Also the buyer does not want to make payments before the actual delivery of the goods.
In such a scenario, bill of exchange seems to be feasible. Bill of exchange minimizes risks involved in the process. International Chamber of Commerce’s Uniform Rules for Collection, ICC Publication 522 (1995) sets the mandate for bill of exchange. Negotiability of contractual terms is pursuant to the actual agreement made between the buyer and the seller. Promissory notes and payment guarantees can be developed based on the contractual terms. Another way of ensuring payments to Moore steels is by acquiring letters of comfort by buyer to seller. In spite of the best circumstances, buyer can fail. Hence, it is best to have export insurance policy to protect the interest of the seller. To conclude, there is a need for the payment mechanism to be balanced between the requirements of the buyer and the seller. It is recommended that Moore steel should have bill of exchange and negotiate a contract. Actual payment that should be preferred is direct payment after acceptance of the products by the buyer. Acceptance should be pursuant to S27 of the clause.