Conducting business in the modern global economy offers great rewards, but involves risks, as well. Although companies can take a number of precautions to limit their risks in international business transactions, the primary legal tool for such purposes is the international business transaction agreement or contract. Examples of international business transaction agreements include: international sales contracts, international distribution agreements, supply agreements, intellectual property licenses, franchise agreements, development agreements, investment agreements, letters of credit, joint venture agreements, and others, as well as hybrids and combinations of these agreements.
International business transactions white paper 2012
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