Incoterms penalty effect
Quelle: https://iccwbo.org/resources-for-business/incoterms/
The effect of penalties under Incoterms describes how contractually agreed penalties (liquidated damages or penalties) arise, are enforceable, and influence price, liability, and risk allocation when parties fail to meet Incoterms obligations or violate terms.
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⚖️ ICC Incoterms 2020
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