01.B Flashcards

Territoriality
What is territoriality in relation to law in the international context?
Territoriality
Territoriality in the legal sense means that law is basically created in one country and that this country applies its own law.
Sources int. Law
What are the sources of international business law and rules?
Sources int. Law
Intergovernmental International Law - National International Law - Private International Business Rules
Intergovernmental International Law
What is Intergovernmental International Law?
Intergovernmental International Law
Intergovernmental International Law are rules resulting from agreements between governments resp. states.
National International Law
What is National International Law?
National International Law
National International Law are rules which result from national law, but which refer to cases with international aspects.
Self-executing rules
What does it mean when a rule from an international agreement is «self-executing»?
Self-executing rules
If a rule in an international agreement is self-executing, this means that citizens or residents of a state can invoke it directly without the rule having been transformed into national law.
Soft Law
Why are certain rules called «soft law»?
Soft Law
These are rules that are not issued by a state, but by organisations and associations in relation to their members. These rules are enforced within the organisation or association and not by state authorities.
Int. Business Case
When is a business case international?
Int. Business Case
A business case is particularly international, if there are two parties from at least two different countries.
Int. legal dispute
What are the first two legal questions that arise in a legal dispute in an international context?
Int. legal dispute
In the case of a legal dispute in an international context, the first questions that arises are the court of jurisdiction (court which decides the case) and the question of the applicable law.