You are a customs broker assisting a foreign client that wants to purchase equipment from a U.S. company. In response to your request, the U.S. supplier sent you a formal quotation for your client in the form of a Pro Forma Invoice (see attached file). Your client is satisfied with the equipment specifications, but they do not understand the "Terms of Sale". Prepare a detailed written explanation for your client of the specific conditions for delivery and payment contained in the quotation