Arbitration

17.1 All disputes and differences which may arise out of or in connection with the present Contract will be settled as far as possible by means of negotiations between the Parties. If the Parties do not come to an agreement, the matter, without recourse to Courts of Law, is to be submitted for settlement to Arbitration, with its seat in Stockholm, Sweden.

17.2. Arbitration shall be established as follws:

The Party which wishes to refer the dispute to Arbitration shall notify the other Party by a registered letter stating there the name and the address of the arbitrator chosen who can be a citizen of any country as well as the subject of the dispute, date and No. of the Contract.

Within 30 days of receipt of the above letter the other Party shall choose its arbitrator, and inform the first Party of it by a registered letter stating the name and the address of the arbitrator chosen.

17.3. If the Party which has received the notification of the dispute being submitted to Arbitration fails to choose its arbitrator within the said period, the latter, at the other Party’s request, will be appointed within 30 days of the date of the application by the President of the Chamber of Commerce in Stockholm.

17.4. Within 30 days the arbitrators shall choose an Umpire. If the arbitrators fail to agree upon the choice of the Umpire within 30 days after they have been nominated, the latter will be appointed, at the request of either Party by the President of the Chamber of Commerce in Stockholm, Sweden.

17.5. The award is to be issued by a majority of votes in accordance with the terms and conditions of the present Contract, and also the rules of Swedish Material Law.

17.6. The arbitration award shall state the reasons for its decisions and contain information about the arbitration membership, time and place of the award passed, mention of the Parties’ right to state an opinion, as well as the allocation of the costs and expenses of the Arbitration between the Parties.

The arbitration award is final and binding upon both Parties.

Tasks for individual work

1. Write a letter using phrases given below.

• write an enquiry

We are interested in... produced by your company

We saw your product at the exhibition and would ask you to send us your latest catalogue

We are interested in purchasing... from your company We are in the market for ...

We would be obliged if you could quote your best prices and terms of delivery and payment

We would like to buy ...

Please send us your latest catalogue of goods and a price-list

Please send us samples of your product

Please send us full details of the products

We should like you to give us a quotation for...

Your prompt reply will be appreciated

• write an offer

We thank you for an enquiry for our product...

In reply to your enquiry for...

We feel sure that you will be interested in...

Thank you for your letter of... in which you express your interest in our product . ,

We thank you for your enquiry for ... and would like to inform you that we can make you an offer

May we draw your attention to the enclosed samples of products

manufactured by our company

By today's post we have sent you samples of...

You will be interested to hear about our latest products that we have just introduced onto the market

We have pleasure in offering you

• write an order

We thank you for of 9 May enclosing the sample of your product

We have pleasure in informing you that your quotation for ... was received I by us, and flow we enclose our order...

We thank you for your quotation of 6th May for... and are pleased to accept it

We are pleased to establish business relationships and are placing an order for ...with you

We wish to place a trial order for...

In confirmation of our telephone conversation of... we are pleased to enclose our trial order for... with you

We are looking forward to your prompt confirmation of the order

Please dispatch as quickly as possible

We would be much obliged if you would supply the following as soon as possible

We find however that the prices you have quoted are too high ... The alternative is for you to adjust your prices by reducing them by 5%

We shall be glad if you acknowledge acceptance of our order and of the conditions stated above

Enclosed you will find our order

Attached to this you will find...

• write a letter of confirmation of

1.a previous agreement / arrangement,

2. of shipment of goods,

3. of order;

• write invitations and answer them using cards given below

In celebration of the Birthday of His Majesty the Emperor of Japan the Ambassador of Japan and Mrs Koji Watanabe request the pleasure of the company of ____________________________________________ ____________________________________________ at a Reception on Wednesday, December 20, 1995 from 12:00 to 14:00 at "Olympic Penta Renaissance Hotel" Please bring this card with you

The Directors of THE UNIVERSAL GROUP FOR UNIVERSAL COMMUNICATION requests the pleasure of your company at a ______________ to be held at the ____________________, at 7 p.m. on Friday 12 July, 1996. Evening dress RSVP1