BUSL 2550 Lecture Notes - Lecture 13: Alien Tort Statute, United Nations Convention On Contracts For The International Sale Of Goods, Uniform Commercial Code
Document Summary
Basics of international law: challenge to laws created in horizontal power structures is the enforcement of violations, many horizontal laws contain provisions that require the parties to submit to a treaty-created dispute resolution panel or other neutral tribunal. International court of justice (icj: laws are applicable only to parties who voluntarily choose to participate in them. Nature of law: businesses are not involved in signing treaties or in creating law that applies between sovereign states, sovereign states themselves have the only power to conduct foreign affairs. Trade regulations: general agreement on tariffs and trade (gatt, world trade organization, north american free trade agreement, export controls. Import controls: u. s. department of homeland security customs and border. Protection agency (cba) has a primary role in import control administration and regulation. Contracts: u. n. convention on contracts for the international sale of goods (cisg, uniform commercial code (ucc) Not a law until state legislatures adopt it as law: choice of forum.