Question: Read the case study, then answer the questions below. Brazilian Tech. and Japan Global. Brazilian Tech. a buyer based in Brazil, is negotiating a cross-border

Read the case study, then answer the questions

Read the case study, then answer the questions below. Brazilian Tech. and Japan Global. Brazilian Tech. a buyer based in Brazil, is negotiating a cross-border sales contracts with Japan Global, a seller based in Japan. They have agreed on all the contract particulars, except the clause specifying governing law for disputes that may arise in the future. Japan Global lawyers are pushing Brazilian Tech to compromise by choosing English Law. Brazilian Tech's lawyers are also trying to convince their client to choose some form of neutral law, as opposed to international uniform law instruments such as the UNIDROIT Principles of International Commercial Contracts (UPICC); which they believe are not sufficient, being a "Soft Law instrument. Questions: 1. Do you agree with Brazilian Tech's lawyers? 2. Advise Brazilian Tech. on the benefit of using a soft law instrument such as the UNIDROIT Principles

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!