Legal Aspects of International Trade & Enterprise: Sandline International Inc. v Papua New Guinea
VerifiedAdded on 2023/06/04
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AI Summary
This presentation discusses the legal aspects of international trade and enterprise through the case of Sandline International Inc. v Papua New Guinea. The case highlights that a contract is governed by international laws which is formed between the state and a private company. While forming the contract, the parties should clearly define the law which governs their agreement. Since the state can change its internal laws, it cannot deny the performance of a contract based on contravention of domestic laws.
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