Claims made by the buyer against the seller in connection with the non-compliance of the quality and quantity of the delivered goods with the terms of the contract are called complaints. Complaints may be made by the buyer only on such issues that were not the subject of acceptance of the goods made in accordance […]
Tag: buyer
International Trade Transaction
Any foreign economic activity requires a clear understanding of the legal framework within which it is carried out. The instrument for regulating the relationship of partners in international trade turnover is the appropriate legal system built on international and national sources. The legal form mediating international commercial transactions is an international trade transaction. According to […]
The essence and main types of international commercial transactions
International trade as one of the main forms of international economic relations is carried out through commercial (trade) operations, i.e. certain techniques for the preparation and implementation of trade cooperation. International commercial operations are a complex of basic and auxiliary (supporting) operations carried out on a reimbursable basis between counterparties of different countries for transactions […]
Managed currency theory
This theory arose under the influence of the global economic crisis of 1929-1933, when the failure of the ideas of a neoclassical school, which advocated free competition and non-interference of the state in the economy, was revealed. The founder of this theory is Keynes, whose ideas took dominant positions in the 50-60s in Western economic […]