Dispute Resolution or Arbitration

This section of the contract establishes the procedure for resolving disputes that may arise between the parties and cannot be resolved through negotiations. Most contracts provide for the settlement of the dispute by arbitration or so-called arbitration. Under arbitrationA (arbitral) court is a court elected by the parties to resolve a dispute between them. Unlike […]


All sales contracts are accompanied by insurance. Depending on the terms of the contract, this obligation lies with either the seller or the buyer. If this obligation is not specified, the party who bears the risk of accidental loss of or damage to the goods during transportation must itself be interested in insurance. In the […]

The procedure and terms for presenting a check for payment

The check belongs to the category of negotiable documents, i.e. for transferring rights on a check to another person, there is no need to resort to the procedure provided for by civil law – the cession. All rights under it can be transferred to another person by means of a transfer inscription – an endorsement […]