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Harvesting the Benefits of Correct Terms Usage Domestic Freight Terms & Terms of Sale/Purchase
Executive Summary
Applying the correct legal terms associated with the movement of freight is one of the most important events in the entire purchase and sales process! They establish the relationship between the parties and every related event thereafter will rely on these terms to satisfy the relationship.
Correct terms, presented properly:
•are the full and complete representation of how the parties agree to do business
•firmly establish the basis of the relationship
•drive satisfaction, payment and collection
•function as the fulcrum for all decisions regarding any disagreements or disputes amongst the parties
•will drive down costs and improve operations
Intentionally and specifically applying the proper terms will achieve the desired results, only if you have established efficient and effective controls.