Class Work Preparation of an Export Sales Contract The information below represents a sale that you are negotiating. You have to make up, the info you are missing, and also arrange the info you have in order to create a good contract as per the theory and lectures from class. Using the information and the theory about contracts and documents, you must prepare a PERFECT Sales Contract and complete a Commercial Invoice, as per contract requirements.

Buyer: Gourmet Food Imports Ltd. Toronto Ontario, Canada

Seller: La Bamba Exportador Ltd. Rio de Janeiro, Brazil Sales Contract NR. CA1811

Product: Brazil Nuts, Grade A H.S.# 0801.20.00

Quantity: 54,000.00 KG

Packing/Weight: Packed in 25Kg Net, New gunny bags 28 Kg Gross/ bag

Measurement/Volume: .035 CBM/bag

Shipping Instructions: Loaded equally in 3x20 containers

Marks: BAM/4619/TOR

Ship via: Ocean

Price: US$ 2.50/Kg

Port of Loading: Any Brazilian Port

Final Destination: Toronto Ontario, Canada

Shipment Period: October

Terms of Sale: CIP Toronto Ontario

Presenting bank: Royal Bank of Canada

Terms of Payment: Collection at 30 days date

Documentation: Commercial Invoice, Ocean Bill of Lading, Draft, Weight and Packing List, Draft, Marine Insurance Certificate, Pre-shipment inspection Certificate.

This contract is subject to ICC rules and the disputes arising from the transaction should be settle under the ICC Contract Rules