Management and Organizational Studies 2276A/B Lecture Notes - Lecture 5: Unconscionability, Unidroit, North American Free Trade Agreement
26 Jan 2017
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Document Summary
Choice of law is which law will apply to your case. Choice of forum is which court will hear ur dispute. Contract law fundamental principles are very important in the criteria to establish valid contract, remedies for breach of contract, frustration, mistake, unconscionability, misrepresentation. Since dealing with internationality must address language, culture, currency and its fluctuations, dispute resolution, government regulations, treaties: canada and us have a treaty making an treaty from canadian court can be enforced in the us and vice-versa. Employment laws differ tremendously from jurisdiction to jurisdiction. Contracts form bases for most international business transactions. Can adopt common terms to make it clear what"s intended fob, cod, cif, exw. Fob london we get it to london than its your, you pay from it from there. Cod you pay for it in cash when it gets there: unidroit, uncitral, cisg/vienna convection; Canada is in favor of free trade have nafta (all duties between mexico and.
