1. In international trade activities, a business contract is the legal basis for stipulating the rights and obligations of both parties and the guarantee for ensuring the smooth progress of economic and trade activities.

Therefore, the translation of business contracts plays an important role in international trade activities.

3. The quality of business contract translation is directly related to the success or failure of business cooperation.

Extended data:

Contracts can be classified according to the nature and content of transaction methods:

1. Sales contract or purchase contract? (Sales or Purchase Contract)

This kind of contract is commonly known as a sales contract. The trade mode of transaction by transaction is called transaction by transaction, in which the producer directly exports, the consumer directly imports and the single import single exports. In this kind of trade, in principle, a written contract should be signed to clearly stipulate the terms.

2. Technology transfer contract? (Technology transfer contract)

Contracts used in trade to import patents or transfer patent application rights, know-how and secrets, trademarks and licenses include technology transfer, technical consulting services and license trade contracts. This kind of contract has complex contents, strong professionalism, wide coverage and long validity.

3. Joint venture or cooperative production contract.

Joint ventures, cooperative enterprises and cooperative exploitation of natural resources established by investors according to certain laws and regulations are characterized by * * * investment, * * * management, * * * cooperative exploitation, * * * negative profits and losses and * * * risks.

This kind of trade contract is complex, involving various laws, such as the laws and regulations of joint ventures, as well as laws and policies related to land, resources, industry, facilities, taxation, foreign exchange, technology introduction, patent transfer, license, labor and so on.

Baidu Encyclopedia-Business Contract