The New Me” is a company that has successful marketed health care products for the past...

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Accounting

The New Me” is a company that has successful marketed healthcare products for the past 10 years in Canada. They decide that toensure the long-term prosperity of the company to export theirproducts to the U.K. After some research, they find an importercalled “Personal Products PLC.” What are the key elements thatshould be included and covered in a contract between the twocompanies to enable the shipment and import of The New Me company’sproducts? (FITT pages 24 – 26

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A Contract is a legal document which creates an obligation between two parties to stick to the contract and performed over the period of the Contract with defined termes conditions This document sometimes registered with regularity authority and applicable within the jurisdictionIt is a enforceable agreement between two or more parties This contract either Domestically or Internatinally International Contract are more risky in terms of Financial as well as Judicial point of view Hence extra precaution has to be taken while drafting such Contract because any violation of the terms may bring the case to International Court it is not only costly affairs but also time consuming In the given case there were Two See Answer

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