Published by Infinite Software on 2021-08-01
What is Incoterms? The app provides recommendations and guidelines for the correct use of the International Chamber of Commerce's (ICC) Incoterms® rules. These rules are a set of international rules for the interpretation of trade terms that help parties in international sale contracts to avoid misunderstandings, disputes, and litigation. The app also includes a dictionary of abbreviations and a glossary of commonly used terms for the convenience of the user.
1. The word is an abbreviation of International commercial terms and the chosen Incoterms® rule is a term of the contract of sale (please note: not of the contract of carriage).
2. Very often sellers and buyers do not pay attention that each chosen term of the Incoterms® rules requires that contents of sales contract must match to the conditions of the term.
3. To avoid confusion and difficulties in applying Incoterms® rules a reference to the current version should always be made in the contract of sale.
4. Presently, when parties negotiate their contract individually, they should take care not only to refer to Incoterms® rules but also to add the year 2010.
5. In order to remedy these problems, the International Chamber of Commerce (ICC) - - first published in 1936 a set of international rules for the interpretation of trade terms.
6. It is very important to understand that all details of sale/purchase transaction for each chosen term are not included in Incoterms® rules.
7. By mistake they feel that all aspects of the deal are stipulated by the Incoterms® rules and are included in the rules.
8. At times parties entered in international sale contracts are unaware of the different trading practices in their respective countries.
9. Our recommendations will help to avoid such mistake and in a correct way prepare trade contract.
10. These are known as the INCOTERMS® rules.
11. If they use a standard contract, they should check whether it has been updated to include reference to “Incoterms®2010”.
12. Liked Incoterms? here are 5 Business apps like Joist App for Contractors; ContractorTools; General Contractor Exam Prep; Concrete Calc for Contractor; RFP - Government Bid &Contract;
Or follow the guide below to use on PC:
Select Windows version:
Install Incoterms®2010 & Contracts app on your Windows in 4 steps below:
Download a Compatible APK for PC
| Download | Developer | Rating | Current version |
|---|---|---|---|
| Get APK for PC → | Infinite Software | 1.00 | 3.7 |
For Windows 11, check if there's a native Incoterms Windows app here » ». If none, follow the steps below:
| Minimum requirements | Recommended |
|---|---|
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Get Incoterms on Apple macOS
| Download | Developer | Reviews | Rating |
|---|---|---|---|
| Get $4.99 on Mac | Infinite Software | 2 | 1.00 |
Download on Android: Download Android
- Provides recommendations and guidelines for the correct use of Incoterms® rules in international sale contracts
- Helps parties avoid misunderstandings, disputes, and litigation by providing clarity on the interpretation of trade terms
- Includes a dictionary of abbreviations and a glossary of commonly used terms for the convenience of the user
- Emphasizes the importance of referencing the current version of Incoterms® rules in the contract of sale
- Highlights that all details of the sale/purchase transaction for each chosen term are not included in Incoterms® rules and need to be listed in sale contracts
- Provides information on the trademark notice for the use of the "Incoterms" trademark on the app.
very good app
Poor and incomplete
Nice and clean!!!
very good app.
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