Posted: September 13th, 2017

International business and law

Running Head; International business and law

International business and law

NTERNATIONAL LAW has been defined as a rule that has been accepted as such law

by the international community international law includes customary international law,

international agreements, and general principles common to major legal systems ,( Agusti ,47).

Thus they are the laws that are accepted by many international countries to govern their

interactions and transactions. PUBLIC INTERNATIONAL LAW involves relationships between

states(countries) and applies “norms regarded as binding on all members of the international

community “which may be reflected in treaties, conventions, or the charters of the international

organizations such as united nations,(Agusti ,47).shortly means law that  law governing relations

between states. They are the laws that govern the relationship between countries and its binding

to each country’s involved.

PRIVATE INTERNATIONAL LAW defined as the laws applying to private parties in

international transactions, also described as conflict of laws or the “domain of rights, duties and

disputes between and among persons

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