Uniformity of laws: a reality of just a myth?

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http://eprints.org/relation/isVersionOf https://vuir.vu.edu.au/id/document/989 http://eprints.org/relation/isVolatileVersionOf https://vuir.vu.edu.au/id/document/989 http://eprints.org/relation/isCoversheetVersionOf https://vuir.vu.edu.au/id/document/989 archive 292 disk0/00/00/14/04 2008-10-14 03:11:37 2021-08-27 13:58:54 2008-10-14 03:11:37 article show Zeller Bruno Zeller, Bruno Uniformity of laws: a reality of just a myth? pub 390000 FOR_2008_180100 Law ResPubID15135, international sales contracts, problems of drafting contracts, choice of governing law, conflict of laws, uniform international laws, United Nations convention on contracts for the international sale of goods, CISG, UNIDROIT principles This paper attempts to show that the greatest impediment to a reduction in the transaction cost consists of two factors. First, the problem of the choice of laws makes contracting a hazardous enterprise for those who have an information disadvantage. Second, the reluctance of the legal profession to embrace and familiarise themselves with uniform international laws does not enhance a client’s expectation to be able to access the ‘best’ law. It is argued that the inclusion of international uniform laws such as the United Nations Convention on Contracts for the International Sale of Goods (CISG, 1980) will reduce the transactions costs either at trial or when a problem rises as both parties operate in essence under the same law and, hence, a negotiated settlement is more likely. The paper specifically addresses the problem which can emerge when a contract is silent as to which law will govern the legal relationship. Close attention is given to a possibility of overcoming choice of laws problems by applying the CISG, instead of explicitly excluding the CISG. This paper also investigates the inclusions of soft laws into contracts and the ability of such an inclusion to reduce transaction costs. The conclusion is that the inclusion of uniform laws reduces uncertainty and is, furthermore, merely recognition of a development which is gathering speed. 2008 published Inderscience 10.1504/IJPL.2009.021509 72522 2 2414508 dark_document 72522 FW IJPL V1 N3 2008Zeller.htm.pdf application/pdf 48382cb1fbf64c2506e732e493f34bfc MD5 18613 2020-10-28 02:51:48 1404 3 3 application/pdf text Correspondence en staffonly

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other public International Journal of Private Law 1 3 3-14 TRUE 1753-6235 http://dx.doi.org/10.1504/IJPL.2009.021509 Includes bibliographical references FALSE 2 2-s2.0-84956050354 2023-07-02 04:00:16