UNDERSTANDING CROSS-BORDER CONTRACTS
Dear Subscriber, Every nation has an excess of something which is required in another country. The process of exchanging these goods or services is known as international or cross-border trade and in most countries this forms a substantial portion of the Gross Domestic Product (GDP). Ensuring that business entities that are separated by borders, diverse laws and cultural differences do business seamlessly has always been of paramount concern and this concern has led to the development of some internationally accepted contracts [...]