International commercial law
4 important questions on International commercial law
Which 4 legal systems form the bases for the majority of the legal systems of the world?
- Civil or code law
- Common law
- Socialist law
- Islamic law
Through which phases does the negotiation process go?
- Initial negotiation phase
- Consensus ad idem phase
- Braking off negotiations
- Escape clausule
- Declaration of intent
- Closing phase
What are arbitration settlements?
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How can parties in international business settle their disputes?
- Mediation
- Mini-trial and mediation
- Arbitration
- Waiver or renegotiation
- Jurisdiction
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