General terms of contract have been prepared for several lines of business to facilitate the conclusion of contracts. General contractual terms are especially important in the case of international trade where the different legal systems of the contracting parties’ home countries may pose problems. These agreement templates are available from the International Chamber of Commerce (ICC) and the Helsinki Region Chamber of Commerce.
A delivery clause, or delivery term, is part of a commercial agreement. It specifies the rights and obligations of the parties to the transaction with respect to the delivery and reception of goods, division of costs and transfer of risk. It is advisable to study the delivery clauses carefully before concluding an agreement to ensure that you are aware of your rights and obligations. The most common delivery terms in international trade are Incoterms by the International Chamber of Commerce (ICC). Incoterms are the predefined commercial terms prepared by the ICC on trade terms.