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24 Cards in this Set

  • Front
  • Back

What are the three sources of international law?

International Customs, Treaties and International Agreements, and International Organizations

Treaty

A formal international agreement negotiated between two nations or among several nations.

Who must approve treaties in the United States?

The Senate

International Organization

An organization that is composed mainly of member nations and usually established by treaty (i.e. The United Nations)

What are the two main things International Organizations do?

Adopt resolutions, declarations, and other types of standards that often require nations to behave in a particular manner



Create uniform rules that promotes uniformity in international law to settle disputes between parties, usually in the interest of trade and commerce

Convention on Contracts for the International Sale of Goods (CISG)

Designed to settle disputes between parties to sales contracts. It spells out the duties of international buyers and sellers that will apply if the parties have not agreed otherwise in their contracts.

Do the CISG govern all nations?

No. The CISG governs only sales contracts between partners in nations that have ratified the CISG.

Comity

One nation will defer to and give effect to the laws and judicial decrees of another country as long as they are consistent with the law and public policy of the accomodating nations

Act of State Doctrine

Provides that the judicial branch of one country will not examine the validity of public acts committed by a recognized foreign government within its own territory

Expropriation

A government seizes a privately owned business or privately owned goods for a proper public purpose and awards just compensation

Confiscation

A government seizes private property for an illegal purpose or without just compensation

The Doctrine of Sovereign Immunity

Immunizes foreign nations from the jurisdiction of U.S. courts

Sales Contract

Contract for the sale of goods

Which Article modifies some of the common law contract requirements to facilitate commercial transactions?

Article 2

Sale

The passing of a title to property from the seller to the buyer for a price

Difference between tangible and intangible property regarding Article 2

Article 2 only considers tangible property

Predominant-Factor Test

A test courts use to determine whether a contract is primarily for the sale of goods or for the sale of services

Default

When a debtor fails to pay

Lien

A claim against property to satisfy a debt

Mechanic's Lien

A lien on real property for services and work performed on the property

Artisan's Lien

For labor and materials furnished to repair or improve personal property. The lienholder must retain possession

Judicial Lien

The court orders a lien to satisfy a debt

Writ of Attachment

Seizing another's property

Writ of Execution

Selling property to pay the debt