6. In B E practice, dishonor' means the refusal to the acceptance or payment of a duly presented draft by the drawer. 7. In case of disputes, if litigation is not adequate to work out the settlement arbitration is the next best alternative. 8. As most of the trade in the world today refers to the exchange of visible goods rather than invisible goods, many rules, regulation and conventions concerning trade in the world such as Incoterms, United Nations Convention on Contracts for International Sale of Goods (CISG). Uniform Customs and Practice for Documentary Credits (UCP) etc. are all made to deal with visible goods trade. 9. Under the term CIF, the seller has to contract for carriage and insurance, bearing the risk of loss or damage to the goods or additional costs due to events occurring after shipment or dispatch. 10. In accordance with the international practice, unless the contract stipulates otherwise, the more or less part will be counted at the contract rate. 6. In B E practice, dishonor' means the refusal to the acceptance or payment of a duly presented draft by the drawer. 7. In case of disputes, if litigation is not adequate to work out the settlement arbitration is the next best alternative. 8. As most of the trade in the world today refers to the exchange of visible goods rather than invisible goods, many rules, regulation and conventions concerning trade in the world such as Incoterms, United Nations Convention on Contracts for International Sale of Goods (CISG). Uniform Customs and Practice for Documentary Credits (UCP) etc. are all made to deal with visible goods trade. 9. Under the term CIF, the seller has to contract for carriage and insurance, bearing the risk of loss or damage to the goods or additional costs due to events occurring after shipment or dispatch. 10. In accordance with the international practice, unless the contract stipulates otherwise, the more or less part will be counted at the contract rate