Problem:
Private International law governs the rights and responsibilities of private individuals or corporations operating in an international environment, such as international sales contracts or international shipping. International law relies primarily on "soft" enforcement mechanisms: the force of public opinion, trade and diplomatic sanctions and the withholding of foreign aid. Schaffer, R., Agusti, F. and Earle, B. (2009) International Business Law and its Environment, 7th Edn, South-Western Cengage Learning, 81. Critically discuss the above propositions and indicate whether you agree. Illustrate your answer. Where assessment consists of problem type questions, you will be expected to explore the complexity of issues and to use proper legal technique which includes:
- Define issues clearly
Identify and state the relevant law, ensuring that you refer to relevant cases and statute law
Apply the law to the facts, arguing both sides where appropriate
Put forward a conclusion and justify it.
Summary
This question belongs to Law as well as it is about international commercial law which governs the rights and responsibilities of private individuals or corporations operating in international environment. International law provides governing rules and regulations that help in smooth functioning of activities between people, corporations and governments.
Total Word Limit: 2625 Words