Introduction to Contract Drafting, Credit Evaluation and Supervision Services - World Credit Organization

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Introduction to contract drafting, credit evaluation and supervision services

The applicable standard for contract drafting, credit evaluation and supervision services is: "ICE8000 International Credit Standard System Contract Drafting, Credit Evaluation and Supervision Standards".

1. Contract drafting, credit evaluation and supervision services mainly include the following three relatively independent services (relatively independent means that each service can be entrusted and implemented separately):

1. Contract drafting service

Credit professional institutions and credit practitioners draft a contract sample with complete form and no obvious defects according to the entrustment of the party and the actual situation of the party. This service is called contract drafting service. If necessary, the parties may also entrust professional credit institutions and credit practitioners to participate in contract negotiation and contract signing, so that the terms of the contract can be understood and accepted by the other party to the greatest extent.

In actual commercial activities, the parties to the contract have no malicious intentions when signing the contract, but due to the incompleteness of the contract terms, during the execution of the contract, the other party concerned takes advantage of the incompleteness of the contract terms to create troubles, seek benefits, and make their own interests suffer. damage and difficult to defend. Contract drafting services primarily address this issue.

2. Contract credit evaluation service

Credit professional institutions and credit practitioners evaluate the legality, validity, obvious flaws, and creditworthiness of the contract subject and content according to the entrustment of the parties. No matter which party applies for contract credit evaluation, credit professional institutions and credit practitioners will conduct the evaluation in accordance with the principle of neutrality, so as to ensure that the contract that has passed the credit evaluation is legal, valid, complete in form, and easy to implement and supervise.

3. Contract credit supervision service

Credit professional institutions and credit practitioners, according to the entrustment of the parties, shall faithfully record the credit performance of the parties to the contract (credit rewards for the trustworthy and credit punishment for the dishonest).

Second, contract risk is the main and controllable risk people face

According to whether a contract can be signed, the risks faced by an organization can be divided into two categories: contract risk and non-contract risk. Contract risk refers to the risk brought to the organization by affairs with contractual relationship, such as: selling a car or purchasing a service, etc.; non-contractual risk refers to the risk brought to the organization by affairs without contractual relationship, such as: the same Unfair competition by industry competitors, air pollution by nearby factories. Relatively speaking, contract risks are controllable by the organization; non-contract risks are not controllable by the organization. Organizations can control contract risks through the clarification of contract terms and contractual agreements.

The above content is excerpted from: "Building an Integrity Unit——Risk Control and Integrity Management" (by Fang Bangjian)

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