The importance of international law to international traders - Coursework Example

Only on StudentShare

Extract of sample
The importance of international law to international traders

However, recently the line existing between private and public international law has been very unpredictable. Even though both these laws are connected, many times in certain areas of activities conflicts and contradictions can normally arise. 1 International Law includes the basic, classic concepts of law in national legal systems - status, property, obligation, and tort (or delict). It also includes substantive law, procedure, process and remedies. International Law is rooted in acceptance by the nation states which constitute the system. International law is a crucial aspect in international trading and it is mainly concerned with cross border transactions. Since international traders are highly subjected to international trade laws and policies, they work in good collaboration with legal professionals and international trade consultants. 1 Cornell University of Law School. 2010. International Law. [ONLINE] Available at: http://topics. law.cornell .edu/wex/ International _ law. [Accessed 18 February 11]. ...
Download paper

Summary

Topic:  The importance of international law to international traders Introduction International law is basically the rules and principles which controls and governs the trade relations within different nations around the globe. The international law can be specifically defined as the relation between individuals and states, and relation between different organizations operating on a global level…
Author : ystreich

Related Essays

International Accounting
4 pages (1004 words) Essay
International Finance
5 pages (1255 words) Assignment
International aspects of business law
8 pages (2008 words) Coursework
International Business
10 pages (2510 words) Coursework
International Relations
9 pages (2259 words) Coursework
How is International Law Enforced?
30 pages (7530 words) Thesis
International Business
7 pages (1757 words) Research Paper
current
4 pages (1004 words) Research Paper
Got a tricky question? Receive an answer from students like you! Try us!