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CONTRACT FORCAUSTIC SODA

GROUP 6 EMBA 9B

Nguyen Hung Son

Tran Trung Thanh

Nguyen Trung Thanh

Nguyen Quang Phuong

Asscoc. Prof. Tran Van Nam, Ph.D


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SITUATION & PROBLEMS1

ANSWER QUESTIONS2

3

Q & A4

RECOMMENDATIONS

AGENDA


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Consulting

Quotation Negotiation

Co.A: Buyer

OMK Pte Ltd:Representative Office

Contract consulting

Co.H: SellerContract: 10

tons, 99% CIF14/04/2009

Co.A: BuyerCo.H: SellerLC: 23/04/2009

Warehouse

28/05


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OMK Pte Ltd

Co.A: Buyer

d Soda!ek it now!

We dont

believe!

29/05

36%only!

29/05

01/06

Stop LC

Return goods +Compensate 21

250$

01/06

Compensate

103 mill VNDfor damage

24/8

Co.H: Seller

Hai Phong Court

EMAIL


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QUESTIONS

1. Has the Company A complied with his obligations underthe contract? If not, has Company A made any mistakes?Why?

2. Has OMK Pte Ltd been considered as the actual seller of

10 tons of Caustic soda to Company H? If yes, what momentthat the deal between Company A and OMK Pte Ltd wasformed?

3. As a broker, what are the obligation of OMK Pte Ltd is tothe Company A, if he/she accepts the inspection results of

the SGS dated 01/06/2009? 4. If OMK Pte Ltd absence at the trial of VIAC as to act as a

witness as required Company A, do you think that CompanyA has legal grounds to demand the seller from China(Company H) compensation damage? List the possibledamages.


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If contract regulatedapplicable law implement according to thecontract

REFERENCEDLAW

If contract unregulatedApplicable law

VIETNAM COMMERCIALLAW

+LAW ON E-

TRANSACTIONS


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SGSvalid

Company Hviolated

sustantial

A stop LC

No

N

No

Yes

Yes

HAS THE COMPANY A COMPLIED WITH HISOBLIGATIONS UNDER THE CONTRACT

SGSresult

A wright

ARTICLE 44, 51

A wrongA stop LC

Company Hviolatedpayment
http://c/Users/NTC/Desktop/Article/%C4%90i%E1%BB%81u%20262.docxhttp://c/Users/NTC/Desktop/Article/%C4%90i%E1%BB%81u%20262.docx


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Represent of

H

No

Yes

Yes

Yes

OMK PteLtd

OMK is Seller

ARTICLE 18

OMK not aSELLER

OMK signed

contract withA

HAS OMK PTE LTD BEEN CONSIDEREDAS THE ACTUAL SELLER

Beauthori

zed


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Article 44/3+4

Inform Company Habou the quality ofgoods.

Reidentify good andconfirm the result of thetest.

Article 151

Witness forCompany A at thecourt

OBLIGATION OF OMK PTE LTDIS TO THE COMPANY A

Article 151


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If the contract is legal

If the inspection result of SGS is valid

Contract didnt mention to OMK

YES

DAMAGES

( in discussing)


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4

3

2

The company should hire consultants before signingcontract with foreign customers.

Contract should be noted and clearly related to the contentquality of goods, origin, method of transportation and

payment for goods

Research carefully before signing contract with customersor brokers

1

RECOMMENDATIONSWhen signing an international contract through fax, email, Note:

In contract, adds provisions to examine goods at theport of export


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Q & A

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