Illustration on Private International Law for private individuals and corporations operating in international environment

Question

Private International law governs the rights and responsibilities of private individuals or corporations operating in an international environment, such as international sales contracts or international shipping. International law relies primarily on “soft” enforcement mechanisms: the force of public opinion, trade and diplomatic sanctions and the withholding of foreign aid. Schaffer, R., Agusti, F. and Earle, B.  (2009) International Business Law and its Environment, 7th Edn, South-Western Cengage Learning, 81. Critically discuss the above propositions and indicate whether you agree. Illustrate your answer. Where assessment consists of problem type questions, you will be expected to explore the complexity of issues and to use proper legal technique which includes:

•    Define issues clearly
•    Identify and state the relevant law, ensuring that you refer to relevant cases and statute law
•    Apply the law to the facts, arguing both sides where appropriate
•    Put forward a conclusion and justify it.
 
Summary

The question belongs to Law and it is about international commercial law that governs the rights and responsibilities of private individuals or corporations operating in international environment. International law provides governing rules and regulations that help in smooth functioning of activities between people, corporations and governments.

Total Word Count 2625