Dealing with International Contracts

Dealing with International Contracts

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial discusses international contracts, focusing on private agreements between parties from different nations. It highlights the importance of understanding varying contract rules and the need for careful negotiation. Core principles remain constant, but model laws like the UN's contract for the international sale of goods provide a framework. Key provisions include obligations, representations, and conditions. Dispute resolution often involves arbitration due to enforcement challenges across borders.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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