International Law and Global Commerce Guaranteed 100% correct answers to exam questions
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International Law and Global Commerce
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International Law And Global Commerce
International Law - ANSWER-International law has traditionally been defined in very broad terms; it is not limited simply to rules that are applied to settle disputes in court. Rather, international law is influenced by a combination of law, religious tenets, and diplomatic relations between nation...
International Law and Global Commerce Guaranteed
100% correct answers to exam questions
International Law - ANSWER-International law has traditionally been defined in very
broad terms; it is not limited simply to rules that are applied to settle disputes in court.
Rather, international law is influenced by a combination of law, religious tenets, and
diplomatic relations between nations.
Modern International Law - ANSWER-a body of rules and principles of action binding on
countries, international organizations, and individuals in their relations with one another.
Public international law - ANSWER-Category of international law principles that
primarily addresses relations between individual countries and international
organizations.
private international law - ANSWER-Category of international law principles that focuses
on the regulation of private individuals and business entities.
treaty - ANSWER-any agreement between two or more nations to cooperate in a certain
manner.
Vienna Convention on the Law of Treaties - ANSWER-effective in 1980, has become
one of the standards used by courts and other tribunals when interpreting treaty law.
Customs--Customary law - ANSWER-Customary law follows the basic principle of
international law that individual conduct is permitted unless expressly forbidden.
Therefore, prohibitions as well as affirmative practices must be proved by the state
relying on them.
Comity - ANSWER-is the general notion that nations will defer to and give effect to the
laws and court decisions of other nations. However, comity is not a legal doctrine that
requires courts to accept the judgments of foreign courts. Rather, it is rooted in the idea
that reciprocal treatment is a necessary element of international relations.
, International Organizations - ANSWER-International organizations play a unique role in
the development of international law. These organizations are typically structured
through use of multinational representation and are created and regulated by treaty.
United Nations (U.N.) - ANSWER-which was created after World War II to facilitate
common international concerns on defense, trade, the protection of human rights, and
other matters.
U.N. Convention on Contracts for the International Sale of Goods (CISG) - ANSWER-A
trade agreement developed by the U.N. Commission on International Trade Law to
establish uniform rules for drafting certain international sales contracts.
International Court of Justice - ANSWER-The judicial branch of the United Nations,
charged with settling legal disputes submitted to it by member states and giving
advisory opinions on legal questions submitted to it by duly authorized international
organs, agencies, and the U.N. General Assembly. Also known as World Court.
European Court of Justice - ANSWER-The court that functions as the final arbiter of the
codes governing European Union member states.
Sovereign Immunity - ANSWER-Long-standing doctrine of international law that holds
that, with some exceptions, nations are exempt from jurisdiction by other nations'
courts.
Foreign Sovereign Immunities Act (FSIA) - ANSWER-A federal statute that incorporates
the concept of sovereign immunity by explicitly prohibiting U.S. courts from rendering
judicial actions against foreign nations or their government officials unless the foreign
nation has waived its immunity, is engaged in a commercial enterprise on U.S. soil, or
has taken actions that have a direct effect on U.S. interests.
civil law systems - ANSWER-Systems of law that are drawn largely from the Roman law
heritage, which uses written law as the highest source, and opt for a systematic
codification of general law principles.
Common Law systems - ANSWER-The common law system takes on a variety of
cultural and legal forms throughout the world. generally includes countries whose law,
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