Quantity

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📖 Detailed Explanation

In foreign trade contracts, 'Quantity' is one of the core transaction terms, referring to the specific number or unit of measurement of the goods delivered by the seller, usually used in conjunction with the unit, packaging method, and More or Less Clause. Its meaning involves not only the number but also the unit of measurement (e.g., pieces, boxes, metric tons, meters) and the measurement method (by gross weight, net weight, conditioned weight, etc.). Usage scenarios include: quotations, contract terms, letters of credit, commercial invoices, packing lists, and customs declarations. Precautions: 1) It must be clear whether the unit of measurement and the unit of pricing are consistent; 2) If more or less is allowed, the tolerance range and the party with the option should be specified; 3) The quantity should match the letter of credit amount and packaging capacity to avoid rejection due to 'quantity discrepancy'; 4) Note the differences in interpretation of quantity clauses under different legal systems. Distinction from other terms: Quantity is different from Weight, which emphasizes physical attributes, while quantity emphasizes counting or units of measurement; it is also different from Quality, which focuses on specifications and standards. Accurately stipulating quantity can reduce delivery disputes and protect the rights and interests of both parties.

📝 Examples

1. The contract stipulates: 1000 boxes of Chinese green tea, each box with a net weight of 20 kg, with a 5% more or less allowance at the seller's option. (Note: The quantity clause combines the more or less clause, specifying the unit of measurement and the option right.) 2. The letter of credit requires: Quantity 500 metric tons, partial shipment prohibited, and the amount must exactly match the quantity. (Note: The quantity must strictly match the letter of credit to avoid discrepancies.)

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