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INTERNATIONAL TRADE LAWSThe laws controlling and regulating International trade have become one of the fastest growing areas of international law. International trade laws concerns rules and customs for handling trade between States or between private companies at an international level. There are two types of trade laws: substantive trade laws and procedural trade laws. The former gives rights and imposes obligations on the States regarding trade laws, for example World Trade Organization (WTO). While the latter deals with the procedure regulating trade laws between the States. In other words, the procedural trade law focuses on the legal steps taken by the States to follow and attain the aim specified under substantive trade law.The enforcement of international trade laws between States is done through establishment of certain entities, having sole purpose of imposing rights and obligations on States. The trade is facilitated by various entities at international level. For example, United Nations Conference on Trade and Development (UNCTAD), which was established in 1964 as a permanent intergovernmental body, is the principal organ of the United Nations General Assembly dealing with trade, investment and development issues. While the UNCTAD covers the procedural aspect of trade laws, the United Nations Commission on International Trade Law (UNCITRAL) deals with the legal aspects of international trade laws and formulates and regulates international trade in cooperation with the World Trade Organization.
Right to sell - Terms used in Contract With S.14 (a) provides that there is an implied condition such seller has a right for sell the goods and, like in the case of an agreeme
Directors liability: This was fraudulent preference and the bank must repay the sums received. The directors' liability under their guarantee to the bank then revived. A paym
Question: (a) Explian the various stages that a Bill must go through before it becomes enforceable as a Law in Mauritius. (c) Mr. Vijay is the tenant of a house situated at
Officials defended China's efforts to stop rampant copying of movies and other goods, saying Thursday that 4,322 people had been convicted of product piracy last year and promising
Sue owns a car that has 150,000 miles on it, but otherwise looks to be in very good condition. She advertises to sell the car and Ken asks her how many miles are on the c
Subject-Matter of the Contract Through S.7(1) the goods such form the subject-matter of a contract of sale may exist either possessed or existing goods may like owned by the
Necessity - Law of Agency and Partnership Therefore an agency of necessity may subsist either domestic or commercial: Commercial Agency of Necessity: Although
Nature of a Company: There is no precise legal definition of "a company". This is due to historical reasons which are too lengthy to be narrated in this text. Suffice it to sa
Purpose of the rule: It has been stated by various English judges that without the rule in Foss v Harbottle (i) There would be futile actions. A court order
Scheme of Arrangement: The following sequence of action is necessary: (a) application is made to the court (usually by the company itself) for an order that one or more me
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