Do
I need to write a contract with my foreign distributor?
A:
It
is always to recommend writing down what you agree upon. There are a few
reasons:
Perhaps
you thought you agreed, but there was a misunderstanding in language. To
confirm what you have agreed upon will help and clear any misunderstandings.
The
people who once made the agreement have left the companies. How do you
know what was agreed upon then?
In
some countries it is very dangerous not to have a contract. If you want
to cancel your “agreement” it can be very costly if you did not sign an
agreement.
