The legality of export contracts
Legality of contract
law regulating sources of export and import contracts generally
global economy opens up huge opportunities than ever for businesses to access markets all over the world. Goods are sold in more countries, with the number growing and more diverse categories. International transactions and more complex, so if commodity trading contracts not drafted carefully will be more likely to lead to misunderstandings and costly disputes money. Therefore, there should be a legal basis for signing contracts that minimize disputes. Currently there are three sources of law as the basis for adjusting the contract which is the national law, international law and sources of international practices.
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