Asked by Giovanni Magana on Jun 05, 2024
Verified
The legal issues inherent in domestic commercial contracts also arise in international contracts.
Domestic Commercial Contracts
Pertains to agreements made within a country’s borders that are related to the purchase, sale, or exchange of goods and services.
Legal Issues
Disputes or controversies that are submitted to a court for resolution involving questions of law or legal principles.
- Investigate the nuances of international trade contracts and the systems for settling disagreements.
Verified Answer
TV
Tiana VictorJun 06, 2024
Final Answer :
True
Explanation :
International contracts also face legal issues similar to domestic ones, such as breach of contract, liability, and enforcement, but are further complicated by differences in legal systems, cultures, and jurisdictions between the parties involved.
Learning Objectives
- Investigate the nuances of international trade contracts and the systems for settling disagreements.
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