International Business Environment

According to Section 4 of the Sales of Goods Act, contract of sale of goods means "a contract where by the seller transfers or agrees to transfer the property ...

General Agreement on Trade in Services(GATS) refers to a multilateral treaty containing rules, disciplines and commitments for progressive liberalization of ...

Trade in services has increased in importance over the last two decades with the advent of globalization. Today, more than 60% of the most of the Western ...

According to Article 1.2 of GATS, trade in services defined as the supply of a service: From the territory of one party into the tributary of any other ...

List of Key Issues involved in Settlement of International Trade Disputes: Applicable Substantive Law: Applicable substantive law is the proper law ...

Export Sales Contract (ESC): All export transactions are made through Export Sales Contracts. Exports Sales Contract or Export Contract may be defined as a ...

An unpaid seller has two-fold rights: Rights against the goods. Rights against the buyer personally. Rights Against the Goods. If the property in goods ...

List of rules relating to delivery of goods under Sale of Goods Act: Mode of Delivery: According to Section 33, delivery of goods sold may be made by ...

The concept of Nemo dat quod non habet means that no one can convey a better title than what he has. If a person having no title to the goods sells them, e.g., ...

Property in goods means ownership or proprietory right over the goods. According to Section 26 of Sale of Goods Act, goods are at the risk of the person in ...

Caveat Emptor is a fundamental principle of the law of sale of goods. Caveat Emptor means "caution buyer" i.e. "let the buyer beware." According to this ...

The points of distinction between a contract of sale and an agreement to sell are: Nature: Sale is an executed contract while an agreement to sell is an ...

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