Trading while embargo is barrier in certain trait items

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Reference no: EM132270719

The civil law system is based on the decisions taken by judges in previous individual cases, while the common law system is based on codification of what is or is not allowed.

A sanction is a ban on trading while an embargo is a barrier in certain trait items.

And embargo is a ban on trading while a sanction is a barrier in certain trait items.

Dual use products are those products that can be used for both medical and agricultural applications

Dual use products are those products that can be used for both military/ mass destruction applications

The export and transit of dual use products are especially controlled by some institutions (the EU for example)

In general, in case of a civil or trading litigation, the one who begins with the dispute is the one who should provide the evidence of its claim.

The extraterritoriality is the state of being exempted from the jurisdiction of the local law (usually, as a result of diplomatic negotiations).

The belongings of the export managers of large multinational companies are subjected to extraterritoriality.

The repatriation is the transfer of ownership of resources from the public sector to private hands.

The confiscation is the transfer of ownership of resources from the private hands to the public sector, offering a compensation for this.

Reference no: EM132270719

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