This article will cover the concept and types of transactions, in particular, it will focus on the overall concept, followed by graduation in the types of transactions in foreign economic activity and types of transactions on the stock exchange.
begin with deciphering what is meant by the phrase "the concept and types of transactions."
general concept and the types of transactions governed by the Civil Code.In accordance with that, a deal to recognize the actions of legal entities, which are aimed at the acquisition, termination or modification of their civic duties and rights.
Here is formulated not only the concept and the types of transactions.There are unilateral and multilateral types of transactions in accordance with the Civil Code.
Russian legislation does not contain a specific definition of foreign trade transactions.In accordance with the Russian doctrine and practice to foreign economic transactions include transactions, which have the following features:
1) in the transaction are involved entities (persons) of various nationalities;
2) outlined specific terms of relationship, in which areas such transactions are, for example, the operations of import - export services, products, etc.
foreign trade transaction is a turnkey contract, exchange contract for the provision of services aimed at providing technical assistance in the construction of industrial facilities, the contract of sale or purchase of foreign trade.
list the types of transactions in foreign economic activity associated with sales contracts.
Contract single supply, implying a one-time agreement to deliver a certain quantity of a particular product to the agreed-upon date or specified period of time, deadline.Supply of goods can be made both one and several times within the deadline.Once commitments are met, the contract and, consequently, the legal relations between the parties are terminated.Individual contracts may have short and long-term supply.
contracts with periodic delivery provides a periodic (regular) supply of specific quantities or consignments within the period specified by the contract.Short-term contracts are usually for one year, and long-term may be concluded by 5, 10 or more years.
Contracts entered into for the supply of equipment in the kit include the relationship between the buyer, importer and exporter of equipment and specialized forms, which are involved in the configuration of the delivery.Under this contract falls in the general contractor responsible for the organization and equipment, but also for the quality and timeliness of delivery.
contracts are distinguished by the shape of payment.Payment can be made wholly or partly in cash and in the form of commodities.Contracts with monetary form of payment for the calculation of a specific, agreed-upon by the parties currency.In this contract are due to payment methods: credit with advance payment, cash payment, and methods of payment: letter of credit, collection, bill of exchange, check.
In modern conditions often contracted with a mixed form of payment, for example, during construction on the terms of targeted lending particular company "turnkey" costs shall be paid partly in the commodity and partly in cash.
often use barter transactions concluded on the basis of barter and compensation agreements providing for the exchange of goods, negotiated amounts.
Termination Agreement provides for the supply of goods by each party to the same value.However, in such a transaction, as a rule, appears not two, but a commodity for exchange.
Types of transactions on the stock exchange: cash and term.At the same time, these types of transactions on the stock exchange, in turn, can be further differentiated.
