What to Check Before Signing a Cross-Border Contract

An international contract should define more than the goods or services and price. Before signing, review governing law, jurisdiction or arbitration, payment arrangements, delivery terms, documents, liability and termination. For supply transactions, Incoterms and the transfer of risk require particular attention.

Practical approach

Before signing or filing documents, the specific situation should be assessed because the required steps depend on the subject matter, documents and parties involved.