INTERNATIONAL TRADE SALES CONTRACT

Ana-Maria Florea and Ana-Maria Florea
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Ana-Maria Florea: University of Craiova Faculty of Law and Social Sciences
Ana-Maria Florea: University of Craiova Faculty of Law and Social Sciences

Annals of University of Craiova - Economic Sciences Series, 2015, vol. 1, issue 43, 334-341

Abstract: The international commercial sales agreement is a legal instrument, with a central role in achieving international commercial transactions. The commercial sales agreement is governed in civil and national laws and requires an international regulation, such as to unify the statutory provisions. International law, the transformation of international commercial sales contract into an universal agreement was achieved in time through sustained efforts of the states, materialized by various means and tools to unify the law, such as drafting type contracts, standardizing commercial terms and the adoption of international conventions. The international commercial agreement, in addition to the effects which any contract produces, generally presents some specific effects related to the time of submission of ownership from the seller to the buyer and the transfer of risks regarding the loss, destruction or damage of the sold goods.

Keywords: contract for the international commercial sale; legal instrument; civil laws; national laws (search for similar items in EconPapers)
JEL-codes: K0 (search for similar items in EconPapers)
Date: 2015
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