Demand Guarantees in International Trade
Published on 23. September 1993
Book
Hardback
292 pages
978-0-421-43770-8 (ISBN)
Description
Demand Guarantees in International Trade explains in clear, practical terms how a demand guarantee works, the procedure involved in setting up and gaining benefit from it, and the problems which should be avoided.
* Precedent documents illustrate the variations to be encountered in international commercial practice adding practicality to the text and illustrating potential drafting pitfalls
* There is a thorough explanation of all aspects of demand guarantees, including sub-contracts and joint ventures; costs of issuing guarantees and unfair calling insurance; and the ways in which risks can be controlled
* Precedent documents illustrate the variations to be encountered in international commercial practice adding practicality to the text and illustrating potential drafting pitfalls
* There is a thorough explanation of all aspects of demand guarantees, including sub-contracts and joint ventures; costs of issuing guarantees and unfair calling insurance; and the ways in which risks can be controlled
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Sweet & Maxwell Ltd
Target group
College/higher education
Professional and scholarly
ISBN-13
978-0-421-43770-8 (9780421437708)
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Schweitzer Classification
Content
Include: The source and nature of guarantees. The text of guarantees. Unfair demands (anticipating them and controlling them). Project guarantees. The cost of issuing demand guarantees. Recourse-worthiness. Corporate guarantees. The international code of practice. Grading and controlling risks. The full text of the ICC Rules of Demand Guarantees - the 458 Rules published in 1992 and the earlier 325 Rules - the ICC Uniform Rules for Contract.