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Dunlap International, Inc. 23/Jan/2003. 2. What does your buyer mean when he asks you for TERMS"?. 1. SALES CONTRACT Quantity, quality, and price of goods.Delivery time.Warranties.Acceptance procedures.Limits of Liability.. What is the Governing Law? - The Uniform Commercial Code, the United Nations Convention on Contracts for the International Sale of Goods (CISG), or foreign laws?.

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