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Comity

Comity
• Recognition which one action extends w/in its own territory to the legislative, exec, or judicial acts of another. It’s not a rule of law, but one of practice, convenience, and expediency. More than courtesy, less than obligation
• Show due regard for another state’s expression of understanding for international duty
• BUT it’s limited. Comity will be withheld when it would be prejudicial to an interest of the U.S. (e.g. if it would violated 1st amendment)
• Equity principle (Criticized for being a conclusion not a principle)
• Somporex- Ct recognized UK judgment por comity

Reasons for Comity
• Reciprocity, justice, reasonable expectation of the businesses, stability, efficiency, inconsistent judgments

Choice of Law

Steps to take in a conflict (is this order right?)
• 1. Is there a conflict between the choices of law? Is there an actual conflict?
o Look at the two laws to see if they conflict
• 2. Choice of law rule
o use the forum’s...

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Title: International Business Transactions
Approximate word count: 7714
Approximate pages: 31 (250 words per double-spaced page)

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1. International Business Transactions
   

   International Business Transactions. Comity Comity • Recognition which one
   action extends w/in its own territory to the legislative ...

2. International Business
   

   ... Business transactions are also becoming increasing blurred across national boundaries.
   Companies engage in international business to expand sales, acquire ...

3. Understanding International Business Environments
   

   ... that can impinge the success or otherwise of an international business. ... business
   practice, define the manner in which business transactions are executed and ...

4. International Business Prospective
   

   ... put, domestic business involves transactions occurring within the boundaries of
   a single country, while international business transactions cross national ...

5. Exchange Rate Mechanisms - Currency Hedging
   

   ... Ideally, all international business transactions would be paid in US dollars
   and there would be no need for currency hedging. Unfortunately ...