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På Grænsen Give me a reason TweetParties to international contracts and cross-border
transactions often choose the
law of England and Wales (which we’ll call “
English law” for short) as the governing
law of the agreement. In fact,
English law is the preferred governing
law for business
transactions worldwide, even those that don’t have any geographic connection with the UK. In
commercial law, a
principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party.This branch of
law is called agency and relies on the common
law proposition qui facit per alium, facit per se (Latin "he who acts through another, acts personally").. It is a parallel concept to vicarious liability and strict liability (in ...
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Commercial Law The Institute of International
Commercial Law is a center for research on the United Nations Convention on Contracts for the International Sale of Goods (CISG), which governs the
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