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Part I Sales Law: Development and Modern Practice, 3 Uniform Laws and Projects

From: Global Sales and Contract Law

Ingeborg Schwenzer, Pascal Hachem, Christopher Kee

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 05 December 2020

Subject(s):
Unidroit Principles and choice of law — Formation of contract — Specific performance and damages
3.01 The area of sales has always been at the forefront of harmonization and unification of contract law. International trade can only develop where its legal language is by and large uniform and so market actors are not put to the costly exercise of familiarizing themselves with numerous legal frameworks depending on the location of the co-contractor. Trade usages and more specifically trade terms are examples of such common legal language. For a long time English law was the common language of international trade. 3.02 Throughout the twentieth century, however,...
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