Search results for: “commercial letters of credit”
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International Commercial Arbitration
See also International business arbitration in this international legal encyclopedia. International Commercial Arbitration Resources Treaties and Conventions on Arbitration See also Treaties in this legal […]
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International Commercial Arbitration
See also International business arbitration in this international legal encyclopedia. International Commercial Arbitration Resources Treaties and Conventions on Arbitration See also Treaties in this legal […]
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International Commercial Transactions
Contents of International Commercial Transactions Contents of this subject matter include: Introduction to the Subject, topic Policies and Assessment Agency Joint Ventures Licensing Letters of Credit INCOTERMS CISG (Vienna Convention) Dispute Resolution Sea Transport Air Transport Insurance […]
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Credit Risk
Credit Risk Credit Risk and Collateralization Credit risk is the danger that a firm will not receive an amount of money it is owed because the party that owes the firm the money is unable to pay or otherwise defaults on its obligation. Credit risk exists whenever a firm has a relationship where a counterparty…
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Letter of Credit
A document issued by a commercial bank committing itself to honor drafts drawn in accordance with the terms of the credit. The party to whom the credit is issued is the beneficiary; the party on behalf of whom the bank issues the credit is the applicant. Letters of credit may be issued as […]
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Education
"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn." — Alvin Toffler See Education links History of Education In the following treatment of this subject, the theory and early history of education is […]
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TELEVANGELISM
TELEVANGELISM Term first used by Jeffrey K. Hadden and Charles E. Swann in Prime Time Preachers: The Rising Power of Televangelism (Addison-Wesley 1981) to describe a new form of religious broadcasting combining television and evangelism. Televangelism also is referred to as “the electric church” by religious broadcasters, especially Ben Armstrong (The Electric Church , Nelson…
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UNIDROIT Principles
The task of harmonizing world commercial law turns out to be different from what might have appeared to be the case a decade ago. It is now clear that there will not be one single monumental document that will harmonize all legal rules. Instead, the situation I have described, in which at least seven kinds…
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UNIDROIT Principles
The task of harmonizing world commercial law turns out to be different from what might have appeared to be the case a decade ago. It is now clear that there will not be one single monumental document that will harmonize all legal rules. Instead, the situation I have described, in which at least seven kinds…
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Non-Conforming Delivery
Non-Conforming Delivery Vienna Convention on Contracts for the International Sale of Goods 1980: Special Cases Partial Delivery and Partial Non-Conforming Delivery Although Art. 52(2) entitles the buyer to refuse to take delivery of the excess quantity, it does not make clear whether the buyer has the right to refuse to take delivery where the seller…
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Common Topics
Common Topics Arbitration Arms Control Bill of Exchange Cemeteries Church Church Properties Common Law Competition law Contracts Conventions Courts Criminal Procedure Customs Law Cybercrime Definitions Dictionaries Disarmament Elections Europe European Union Export Controls Export Law Exports Featured Foregin Policy Foreign Affairs Foreign Policy France GATT History Human Development Human rights Immunities Import Law Information Retrieval…
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Money Laundering in Iran
Designating Iran as a Jurisdiction of Primary Money Laundering Concern in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): 2. Use of government agencies and state-owned or controlled financial institutions to […]
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Money Laundering in Iran
Designating Iran as a Jurisdiction of Primary Money Laundering Concern in 2011 United States views on international law (based on the document "Digest of U.S. Practice in International Law"): 2. Use of government agencies and state-owned or controlled financial institutions to […]
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Bitcoin
Bitcoin in the E-Commerce Law Bitcoin, launched in 2009, was the first decentralized convertible virtual currency and the first cryptocurrency. Bitcoins are mathematical tokens composed of unique strings of numbers and letters that constitute units of the currency and are oftentimes traded […]
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Trade Documents
Trade Documents in International Trade Meaning of Trade Documents, according to the Dictionary of International Trade (Global Negotiator): Paper documents (or electronic files) used in international trade that prove that certain events have taken place. For convenience, the documents commonly […]