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Strategy Paper Facts Mr. Zakir is a huge art enthusiast. One day, his agent Mr. John calls him to inform that he has found the original artifact- “Ash of Warriors” from China. This artifact is a vase which has intricate carvings and miniscule details of the story of one great Warrior- Qu Cho Ming from the 14th century B.C. in China. Mr. Firenze is the person who has the possession of the same. As Mr. Firenze wants to settle in UK so he agreed to sell that artifact as soon as possible. Mr. Zakir who is an Indian resident and on the other side Mr. Firenze who is an Italian resident wants to settle this deal in China. Mr. Zakir wants to settle the deals in Indian rupees that to in instalment whereas Mr. Firenze wants all the money deals to be in British Pound and all the money should be transferred in bank in UK. Mr. Zakir also proposed that only after checking the authenticity on the next given date of the artifacts he will proceed with the payment mode. Position of parties For buyer Mr. Zakir is a huge art enthusiast. He loves collecting very famous and old antiques and sculptures of historical importance. He wants to collect all the antique pieces and Ash of Warriors is one of the unique artifact. He always invests most of his profits from his shares in buying and collecting such artifacts. For seller Mr. Firenze is having possession of those artifacts as his father was a archaeologist and he got this artifacts from Indonesia. Mr. Firenze wants to get settle in UK with his family so he is selling those artifacts to get some money which could help them for their settlement in UK. As Mr. Firenze wants to sell it as soon as possible. As this artifact is invaluable artifacts of all time so he is expecting a good amount from the buyer. Approach Both the parties and their counsel have decided China as their place of selling and buying those artifacts. As the buyer proposing a sum 80 lakhs(in INR) for the Ash of Warrior and the other side seller is asking for a sum of 95 lakhs (in Pound). Conditions which were put by the buyer side is:1. 2. 3. 4. 5. 6.

Payment to be made in Indian Currency. Payment to be made in instalments. Needs 7 month time for the payment of whole amount. Only 30% will be given as advance that too after ing the artifact. Verification charges will be bear by seller. Delivery should be without damage of artefact.

Conditions which were put by the seller:1. 2. 3. 4. 5.

Payment to be made in British Pound. One time payment that too by bank transfer. Maximum 3 months will be given for the payment of full amount. 50% advance payment should be made. Seller will not bear any verification charges.