This article provides a general overview of the convention as well as a short comparative analysis to the Uniform Commercial Code (UCC). The following is a checklist of topics which should be covered in international business contracts.A binding, legally enforceable contract can be in writing or oral. Oral contracts are agreements that have been spoken, but not written. International Agreements typically develop out of existing relationships between faculty members from a different institution. Thinking of taking your business international? Learn what considerations to make. All written approvals referenced in this Agreement must be. (a) "Contract" means any agreement for the direct benefit or use of any party to such agreement, including an agreement for the sale of commodities or services. Q1: What agreements are subject to this requirement?