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FrançaisA legal principle that jurisdiction in international investment disputes lies with the country in which the investment is located; thus, a foreign investor has no recourse beyond the host country´s local courts.
Read MoreCapacity to contract
A person´s competency, as defined by law, to make a contract. Capacity to contract is typically determined by whether a person has attained majority age and is mentally capable of understanding the contract terms.
Read MoreCarriage contract
An agreement between a carrier and another party for transportation. The other party will normally be the seller (or seller´s agent) with freight prepaid shipments, or the buyer (or buyer´s agent) for freight collect shipments. Contract of carriage are normally…
Read MoreCaveat emptor
Expression that means “let the buyer beware”. The buyer accepts the goods “as is” and the risk they may be defective or unsuitable. The buyer purchases at their own risk.
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