What are the first eight terms of a foreign trade sales contract?

Foreign trade sales contracts are governed by Article 470th of the Civil Law. The name of both parties, the subject matter of the goods, the quantity and quality, the contract price, the date and place of performance and the terms of breach of contract shall be clearly stated in the contract. As a foreign trade contract, it is necessary to clearly indicate the currency name and usage, the applicable shipping terms, and the different legal terms of the starting point and destination.

Terms of foreign trade sales contract:

1. Subject matter: The subject matter is the object to which the rights and obligations of both parties in the sales contract point, and the subject matter in the sales contract is mainly the goods or services promoted.

2. Quantity: refers to the quantity of the subject matter of the sales contract, which is the main measure to measure whether the sales contract is fulfilled.

3. Quality: refers to the quality of the subject matter of the sales contract. It is the most important factor to determine the characteristics of the subject matter of the sales contract, and it is also the main measure to measure whether the sales contract is fulfilled.

4. Price or gratuity: The price or gratuity is the price paid by the party who obtains the subject matter of the contract to the other party in monetary amount, which embodies the principle of equal compensation followed in economic contracts.

5. Time limit, place and method of performance: The time limit of performance is the time for both parties to realize their rights and perform their obligations, and it is the time standard for confirming whether the sales contract is fulfilled on schedule or postponed. When signing a contract, both parties must specify the specific performance period, such as the start and end period of annual, quarterly or monthly and daily performance. The place of performance is the place where one party performs its obligations and the other party accepts them, which is directly related to the time limit for the performance of expenses. The way of performance means that the content and nature of the contract determine the specific methods for the parties to perform their obligations.

6. Liability for breach of contract: Liability for breach of contract refers to the legal liability that the parties to a sales contract should bear when they violate the terms agreed in the sales contract.

7. Name and domicile of the party concerned.

8. Ways to resolve disputes. The parties may conclude a contract by referring to the model texts of various contracts.

Therefore, in foreign trade activities, in order to protect the rights and interests of both parties, both parties need to sign a written foreign trade contract. In foreign trade contracts, it is necessary to make detailed agreements on various matters in foreign trade in order to better regulate the behavior of both parties.

Legal basis: Article 143 of the Civil Law of People's Republic of China (PRC) is valid for civil juristic acts that meet the following conditions: (1) The actor has corresponding capacity for civil conduct;

(2) the meaning is true;

(three) does not violate the mandatory provisions of laws and administrative regulations, and does not violate public order and good customs.