IX. Answer the following questions

1. What is the subject of the contract?

2. How are the prices understood?

3. What are the terms of delivery?

4. What shipping documents must be submitted on payment?

5. In what way are the containers marked?

6. What are the sanctions in the event of delay?

7. What are the Seller’s and the Buyer’s obligations?

8. Who signed the contract?

X. Meet as one group. Speak on each type of contracts mentioned in the text. Say what agreements or transactions each type of contracts deals with. Give your own illustrations for various types of contracts

XI. Read the text and say in what cases a binding contract does not exist