Daffodil International University

Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: Farhananoor on December 22, 2014, 01:44:54 PM

Title: Term of sale
Post by: Farhananoor on December 22, 2014, 01:44:54 PM

Term of sale: The set of rules and costs applying to a transaction, covering such categories as price, freight and insurance.

Title: Re: Term of sale
Post by: munna99185 on January 16, 2015, 12:35:29 PM

In international trade, terms of sale also set out the rights and obligations of buyers and sellers as applicable in the transportation of goods. Thirteen major terms of sale (called Incoterms) have been standardized by the International Chamber Of Commerce (ICC) for world-wide use.

[http://www.businessdictionary.com]

Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University