Trading Contract

Trading Contract

BUYERs wish to purchase the goods, SELLERs wish to sell the goods.
Every team should appoint the Financial director, Commercial director,and the DICE thrower.
The parties have to reach an agreement on the following parts of the Contract:
1) Price. BUYERs wish to purchase the goods as cheaply aspossible. SELLERs need to sell as expencive as possible.
2) Payment method: there are 4 methods available
a. Advance payment – Risk is with the BUYER, 2 DICE,Potential LOSS 40$
b. Encashment – Risk with SELLER, SELLER pays 20, 3 DICE, Potential LOSS 20$
c. Letter of credit - Risk with BUYER, BUYER pays 20, 3 DICE,Potential LOSS 20$
d. Outdoor account - Risk is with the SELLER, 2 DICE, Potential LOSS 40$
3) Shipment terms
a. EXW - Risk is with the BUYER, 2 DICE, PotentialLOSS 40$
b. CPT - Risk is divided between the BUYER and the SELLER, BUYER - 2 DICE, SELLER – 3 DICE, Potential LOSS 30$
c. FOB - Risk is divided between theBUYER and the SELLER, BUYER - 2 DICE, SELLER – 2 DICE, Potential LOSS 30$
d. DAP - Risk is divided between the BUYER and the SELLER, SELLER – 2 DICE, BUYER - 3DICE, Potential LOSS 30$
e. DDP - Risk is with the SELLER, 2 DICE, Potential LOSS 40$
4) Package – Any party can pay extra 15 to add +1 to the result of your DICEresult in shipment
5) Force Majore – agree on what will happen if the following problems occur:
a. A war will occur in region of your goods transportation
b.Alien space ships will steal your goods
c. Penguins will try to take over the world

The contract should be made in written form, and signed by all parties.