international supply contract

Quick Reference

A contract for the sale of goods made by parties whose places of business (or habitual residences) are in the territories of different states. The limitations imposed by the Unfair Contract Terms Act 1977 on the extent to which a person may exclude or restrict his liability (e.g. by an exemption clause) do not apply to such a contract if (1) when it is made, the goods are in carriage (or due to be carried) from one state to another; (2) the offer and its acceptance take place in different states; or (3) the goods are to be delivered in a state other than that in which the offer and acceptance take place. However, other statutes may apply to such contracts, and in many countries the Vienna Convention on the International Sales of Goods and world trade rules under the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO) will apply.

Subjects: Law.

Reference entries