This assignment will assess the following competency 2. EVALUATE the process for conducting International sales, credits, and commercial transactions. Directions: PARTICIPATE in a video presentation...

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This assignment will assess the following competency 2. EVALUATE the process for conducting International sales, credits, and commercial transactions.

Directions: PARTICIPATE in a video presentation using PPT on the topic of remedies for contract breach. REVIEW journal articles on this topic from the NAU Online Library. RECORD the presentation (5-10 slides and 5 to 10 minutes in length) in which you explain all the possible remedies an international company might have for a typical breach of a sales contract. Include a slide for your references. Refer to the LP1 video instructions for directions on creating a PPT video.

Answered Same DayNov 02, 2019

Answer To: This assignment will assess the following competency 2. EVALUATE the process for conducting...

David answered on Nov 30 2019
66 Votes
Slide 2:
When we talk about the process that involves conducting of international sales, credit and commercial transactions, the follo
wing documents become part of such transactions namely; commercial documents, banking documents and transportation or insurance documents. These have been discussed in the next slide.
Slide 3:
Commercial documents-
· Request for quotation by letter, mail or telephone call
· Quotation relates to price for which supply and purchase of goods takes place
· Pro forma invoice is a more formal document and different from commercial invoice.
· Standard terms and conditions of sales are involved
· Purchase order used for placing orde
· Order acceptance and confirmation
· Sales Contract
· Commercial invoice that provides information about terms and conditions present in a sales transaction (Commercial Transaction Documents, 2017)
Slide 4:
Banking documents involved in such a process include the activity of paying and getting paid be it cash or money. Cash is involved in such transactions. The process of international transaction is thus incomplete without presence of banking documents.
Slide 5:
Transportation documents used in the process are discussed below:
· Packing list- provides information about constituents included in shipment document.
· Bill of lading- defined as contract between a...
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