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国际商法资料名词解释(Interpretation of international commercial law data terms)
国际商法资料名词解释(Interpretation of international commercial law data terms)
The first chapter is introduction
1. International Commercial Law: the sum of the legal norms regulating the relations between international commercial transactions and commercial organizations.
2. equity: appeared in Fourteenth Century. It is a further development in the relationship between goods and currency, more complex social relations, the legal relationship between the number of previously not the case, taste supplement and remedy the common law which was directed by the king and the minister the trial of such cases. The Privy Council, when handling cases, is not bound by common law, and in accordance with the principles of what is called justice and justice, these judgments form what is called equity.
The second chapter, contract law
3., offer: one is the intention of the other party, according to certain conditions to enter into a contract with each other, and contains once the offer was promised by the other party, that is, to offer the party to produce an expression of binding.
4. commitment: refers to the offeree in accordance with the terms of the offer, agreed to the content of the offer of a means of expression.
5. price means a certain right, interest, profit or benefit obtained by a Contracting Party, or the other party, who is unable to make a right or suffer a loss or assume an obligation.
6. interdiction: that is because of mental illness or because of bibulosity can not handle their own affairs, or because of the danger of a waste of a prodigal, by their relatives to the court request, the court declared the prohibition of the management of property.
7. breach of contract means that a party to a contract has not fulfilled its contractual obligations for a certain reason or has not fully fulfilled its contractual obligations.
8., impossibility of payment: refers to the debtor for various reasons, it is impossible to fulfill its obligations of the contract, rather than the poss
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