Determine whether the statements are true or falsePut T for true or F for false in the table

1. Usually terms of trade are stipulated in the trade contract and clearly indicate both parties responsibilities.

2. Claim and arbitration clause must be included in the written contract.

3. Once signed, I need amendments and supplements to the present contract could not be accepted.

4. A firm offer must indicate that once it has been an conditionally Accept by the offered within its validity,The offer is binding on both parties.

5. Written form of contract has a lot of advantages in disputes. Resolving so every contract should be conducted in writing.