Term Papers on International Business Transactions from Term Papers Lab.

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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......



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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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