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International Trade Law

   

Added on  2023-03-23

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International Trade Law
International Trade Law_1

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Table of Contents
Answer to Question 1.................................................................................................................3
Answer to Question 2.................................................................................................................3
Answer to Question 3.................................................................................................................3
Answer to Question 4.................................................................................................................3
Answer to Question 5.................................................................................................................4
Answer to Question 6.................................................................................................................4
Answer to Question 7.................................................................................................................4
Answer to Question 8.................................................................................................................4
Reference List............................................................................................................................5
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Answer to Question 1
The Incoterms of 2010 in accordance with the standards of the International Chamber of
Commerce are enshrined and envisaged into the contract as implied by the terms and
conditions of the contract accordingly. The Incoterm which can be observed form the contract
is the FCA which means Free Carrier accordingly thereby implying that the place of delivery
would be Melbourne (Papa and Elliott, 2016). It is imperative that the seller would be
responsible for the carriage and insurance taking account of the fact that the bill of lading is
issued in his name accordingly. The term FCA serves as a replacement of the term FOB
which implies Free On Board accordingly in which the seller is liable for all the costs related
to insurance accordingly.
Answer to Question 2
The law pertaining to the municipality of Beijing and the People’s Republic of China are
applicable to the contract of sale in question accordingly as far as Clause 2 of the contract is
concerned accordingly. As a result, the jurisdiction of the contract would be the law of the
People’s Republic of China accordingly as far as the enforceability of the contract is
concerned. It is imperative that the Chinese Code of 1999 would be taken into consideration
accordingly as far as the legality of the contract is concerned accordingly. The principles of
the jurisdiction of civil law would be applicable to the contract accordingly as China is under
the jurisdiction of civil law. As a result, the contract would be executed as per the Chinese
Code of 1999.
Answer to Question 3
The connection of the contract is to be seen and determined accordingly as far as the
application of the law is concerned where there is absence of jurisdiction with reference to
the clauses incorporated in the contract accordingly. The principles pertaining to private
international law is to be taken into account accordingly as far as the execution of the contract
in a proper and appropriate manner is concerned (Svantesson, 2016). The benefits of the
parties in the interest of fairness would be the key thing accordingly as far as Principle XIV
of the Translex Principles of contract is concerned. The aspect pertaining to the conflict of
laws has to be taken into consideration and addressed in a proper and appropriate manner
accordingly.
International Trade Law_3

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