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Only full corporate offers on firm letter head, signed and sealed and with validity date are binding offers. All other offers have to be considered as soft price offers which are not binding documents.
The difference between FCO and SCO is: An FCO is not full without being addressed to the name of a specific party representing a buyer. An SCO is addressed to the buyer in general but not addressed to anyone specific. Likewise, it furnishes a prospective buyer with enough understanding of a sellers modus operandi.
The Supplemental Coverage Option (SCO) is a county-level crop insurance option that provides additional coverage for a portion of a producers underlying crop insurance policy deductible.
Seller issues SCO (Soft Corporate Offer) and sends this to the Buyer. Buyer sends ICPO (Irrevocable Corporate Purchase Order) with full BCL (Bank Comfort Letter) or RWA (Ready, Willing and Able) and soft probe authorization.
What Does Soft Corporate Offer Mean? It is an offer from a seller stating product specifications as well as his terms and conditions of trade. It usually comes on issuing companys letterhead but may not contain a specific recipient.
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Seller issues SCO (Soft Corporate Offer) and sends this to the Buyer. Buyer sends ICPO (Irrevocable Corporate Purchase Order) with full BCL (Bank Comfort Letter) or RWA (Ready, Willing and Able) and soft probe authorization.
What Does Soft Corporate Offer Mean? It is an offer from a seller stating product specifications as well as his terms and conditions of trade. It usually comes on issuing companys letterhead but may not contain a specific recipient.
What Does Soft Corporate Offer Mean? It is an offer from a seller stating product specifications as well as his terms and conditions of trade. It usually comes on issuing companys letterhead but may not contain a specific recipient.
Only full corporate offers on firm letter head, signed and sealed and with validity date are binding offers. All other offers have to be considered as soft price offers which are not binding documents.
​Usually SCO means SOFT CORPORATE OFFER, it is usually used in the import /EXPORT businesses and in commodity Business. In the SCO usually its made by the seller of commodity and includes in it the following:​

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