Dealing with International Contracts

Dealing with International Contracts

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

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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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the essence of an international contract?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some core contract principles that remain true in international agreements?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key provisions that need to be dealt with in an international contract?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How do conditions affect the enforceability of an international contract?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of choosing a Model Law in international contracts?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Why are international disputes typically handled through arbitration?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the primary considerations when entering into an international contractor agreement?

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