International Law of Business

Please Read the Instructions Carefully.

Please don't panic.

Explain what you know about each question in clear short answers USING YOUR OWN WORDS. PLEASE DO NOT COPY THE BOOK OR POWERPOINTS. Please think and plan your answer before you start to write. I will grade based upon how you demonstrate your understanding of the concepts/analysis. This is only the second time I have taught this course, so I do not know what to expect. Please do your best and trust that I will make the grading fair and reasonable. Just do your best.

You must answer 8 of the first 10 questions and Question 11 which is worth 20 points.

Please answer clearly and explain you answer fully as if the reader does not understand anything about International Law in the space provided USING YOUR OWN WORDS. PLEASE DO NOT COPY THE BOOK OR POWERPOINTS —again think and plan before you write.

Use your time wisely.

1) The CISG was created to improve business. Please answer these questions about the CISG:

a. What problem did it attempt to solve?

The CISG was created to solve or avoid the problem of losing rights between international enterprises from different countries around the world while dealing with each others

b. How did it solve the problem?

• It control s the transactions between international enterprises

• It defines the roles and responsibilities of the different parties involved

• It acts as a cooperation as it helps the parties while bargaining

• It helps avoiding any deflections between countries in terms of language, cultures, laws, etc.

c. How successful has it been?

It is very successful because makes the international trades and business easier and more reasonable between enterprises and reduces the conflicts might caused by different reasons. Moreover

d. Under what circumstances must the CISG apply to a contract?

If both parties in different countries agreed to use the CISG Law and both countries in which they are operating in are enrolled in the CISG. And nothing mentioned in the contract stating to use anything other than CISG

e. Under what circumstances may the CISG apply to a contract?

If both parties in different countries agrees to use the CISG and there is a business transaction between them

2) What is the purpose of an integration clause? Please explain fully. Why is an integration clause less important under