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Part I Sales Law: Development and Modern Practice, 4 Contract and the Law

From: Global Sales and Contract Law (2nd Edition)

Ingeborg Schwenzer, Edgardo Muñoz

Content type:
Book content
Product:
International Commercial Law [ICML]
Published in print:
14 June 2022
ISBN:
9780198871255

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 02 June 2023

Subject(s):
Contract — Express choice — Implied choice

This chapter explains the law applicable to a sales contract. It is a prerequisite to determining the applicable law in line with the contract and nature of the transaction. One of the issues over the matter is the content and extent of obligations between both parties. Religious values or norms could impact the specificity of nuanced international sales laws. On the other hand, international commercial arbitration requires separate consideration as the survey of modern business practice identified its preferred method of dispute resolution. Almost all international commercial arbitral laws give parties the authority to choose the law viable for the contract.

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