Hungarian yearbook of International Law and European Law 2016 - - ebook

The field of international commercial law has gained importance due to the increasing globalization of economies and international commerce in the last decades. This book covers the most important legal issues when conducting business abroad. The legal environment of the business transactions is the central theme of the first part. The political and policy risks of doing business abroad are explained, as well as how they should be mitigated. The first part also covers European law with a focus on the four freedoms and competition law. It ends with strategies for entering foreign markets. The second part of the book focuses on the individual contract of sale. This part of the book deals with a range of subjects, including general conditions of sale, retention of title, the CISG, product safety and product liability, Incoterms, contract of carriage, jurisdiction, choice of law and arbitration, standard contract clauses and payment conditions. This book takes a practical approach and uses

The topic of harmonisation of European private law and European contract law in particular, is rapidly gaining in importance. The topic is not only widely studied by academics and students all over Europe (and even beyond), it is also on the political agenda of the European Parliament, the European Commission and the European Council. The most important achievement in this field is, undoubtedly, the Commission on European Contract Law's drafting of the Principles of European Contract Law (PECL). The European Commission considers the PECL to be a serious option for further harmonisation of European contract law within the European Union. This publication is the first to provide a systematic overview of the PECL in comparison with Dutch contract law as a whole. The book is concise and because of its structure it is easily accessable. Amongst the contributors there are many highly distinguished contract law specialists. It may be used at universities in courses on Comparative Law,