This webinar will help you understand the Incoterms® 2010, their meaning, purpose and how to use ICC Publication No. 715, Incoterms® 2010, How to overcome differences in interpretations and customary practices, How to provide a basis for dispute resolution. You will also be provided with a PowerPoint presentation, an Incoterms® 2010 outline, and suggestions as they pertain to international sales contracts.
Incoterms® are not international law, or U.S. or international regulations. They are not the terms of payment that dictate how and when you get paid. They do not address various forms of payment. Incoterms® do not speak to how long it takes to get paid, or to transfer of title and ownership of goods. Incoterms® are also not the American Foreign Trade Definitions of 1941.
Why Should You Attend:
Though widely accepted, Incoterms® 2010 are still widely misunderstood. Too many traders rely on memory or anecdote of a Rule’s provisions. Think of how many times you've heard this chestnut: “I’ve been in this business 30 years and have always used this term!” This is the great common misperception that FOB covers everything.Incoterms® are not international law, or U.S. or international regulations. They are not the terms of payment that dictate how and when you get paid. They do not address various forms of payment. Incoterms® do not speak to how long it takes to get paid, or to transfer of title and ownership of goods. Incoterms® are also not the American Foreign Trade Definitions of 1941.
Areas Covered in the Webinar:
- What Incoterms® are and what they are intended and not intended to do
- How to use ICC Publication No. 715, Incoterms® 2010, as a reference to avoid costly legal and financial problems
- The structure and provisions of the Incoterms® 2010 terms of sale
- How to apply Incoterms® in international and domestic contract situations and give them legal standing
- How Incoterms® 2010 address:
- The responsibilities/obligations of buyer and seller
- The allocation of costs
- The assumption of and transfer of risks
- How to overcome differences in interpretations and customary practices
- How to provide a basis for dispute resolution
- Learn that:
- Incoterms® are not terms of payment that dictate how and when you get paid
- Incoterms® do not address various forms of payment
- Incoterms® do not speak to how long it takes to get paid
- Incoterms® do not speak to transfer of title and ownership of goods
- Incoterms® are not the American Foreign Trade Definitions of 1941
- Incoterms® are not international law or U.S. or international regulations
Who Will Benefit:
- Importers
- Exporters
- Customs brokers
- Freight forwarders
- Warehouse and FTZ operators
- International trade consultants
- Accountants
- Attorneys
- Sales persons
- Customer service personnel
Speaker
Martin BehrCourse Provider
Martin Behr,
