international trade law arşivleri

ESCROW AGREEMENT

ESCROW AGREEMENT The Escrow Agreement is an instrument that is used in international trade that helps the smooth functioning of economic and commercial life. The Escrow Agreement is used as a guarantee in many transactions, such as the sales of all sorts of movable and immovable goods, intellectual property, business shares; employment contracts, lease contracts, and family law matters all around the world.[1] It is clear that many issues in economic and commercial life can be addressed by the extensive use of the escrow agreement in...

INCOTERMS

Av. Deniz Bahadır Introduction Incoterms are a series of pre-defined commercial terms that have been issued by the International Chamber of Commerce (ICC) relating to international commercial transactions[1] since 1930. Since then, the ICC tends to revise the rules within the first year of every decade. The Incoterms usually consist of 3 letters which are aimed to primarily clarify the risks, costs, and tasks regarding international transportation and the delivery of goods. The main objective of Incoterms is rather to define...