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This document is a note by the Secretariat detailing the legal aspects related to electronic contracting, particularly focusing on the preparation of an international convention for electronic commerce.
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Legal professionals involved in international trade.
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Organizations engaging in cross-border commercial transactions.
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People Also Ask about
What are the three principles of contract law?
Ensure legal protection and clarity in your agreements. Understanding the 3 elements of contract law is crucial for anyone involved in business transactions. At their core, these elements are: offer, acceptance, and consideration.
What is the principle of functional equivalence UNCITRAL?
The UNCITRAL Model Laws rely on a 'functional equivalent approach', which is based on an analysis of the purposes and functions of the traditional paper- based requirement with a view to determining how those purposes or functions could be fulfilled through electronic commerce techniques.
What is the United Nations Model Law on electronic commerce 1996?
The most widely enacted text is the UNCITRAL Model Law on Electronic Commerce (1996), which establishes rules for the equal treatment of electronic and paper-based information, as well as the legal recognition of electronic transactions and processes, based on the fundamental principles of non-discrimination against
What are the three fundamental principles implemented in the UNCITRAL Model Law?
The UNCITRAL Model Laws implement three fundamental principles: non-discrimination of electronic transactions; technological neutrality; • functional equivalence.
What are the key principles of international trade law?
4.1 The Main Principles of International Trade The modern international trade regime is based on four main principles. These principles are, in no particular order of importance, Most-Favored-Nation Treatment (MFN), National Treatment (NT), tariff binding, and the general prohibition of quantitative restrictions.
What are the three principles of uncitral?
Principle of non-discrimination; 2. Principle of functional equivalence; 3. Principle of technological neutrality.
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What is A/CN.9/WG.IV/WP.95?
A/CN.9/WG.IV/WP.95 is a working paper issued by the United Nations Commission on International Trade Law (UNCITRAL) that discusses specific legal matters related to international trade and commerce.
Who is required to file A/CN.9/WG.IV/WP.95?
The entities or individuals required to file A/CN.9/WG.IV/WP.95 typically include legal practitioners, businesses engaged in international trade, and government agencies that are stakeholders in the areas addressed by the paper.
How to fill out A/CN.9/WG.IV/WP.95?
Filling out A/CN.9/WG.IV/WP.95 involves providing specific information as prompted in the document, ensuring compliance with the guidelines set forth by the UNCITRAL, and submitting the completed form to the designated authority.
What is the purpose of A/CN.9/WG.IV/WP.95?
The purpose of A/CN.9/WG.IV/WP.95 is to provide insights, recommendations, and discussions on legal issues affecting international trade, aimed at harmonizing practices and promoting international cooperation.
What information must be reported on A/CN.9/WG.IV/WP.95?
Information that must be reported on A/CN.9/WG.IV/WP.95 includes details pertaining to the legal framework, specific cases or examples, analysis of trade practices, and any relevant statistics or data that support the findings of the paper.
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