After the expiration of the duration term of a distribution contract if the exporter does not renew the contract it may be liable to pay an indemnity or damages under some European laws.

Question

Quizplus · Accepted Answer

This is true according to some European laws, such as the Commercial Agents Directive in the European Union. The indemnity or damages would typically be paid to the distributor for their loss of business due to the termination of the contract.

After the Expiration of the Duration Term of a Distribution