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FrançaisThe Institute for the Unification of Private Law is an international governmental organization headquartered in Rome whose tasks are to study needs and methods for modernising, harmonising and coordinating private and in particular commercial law as between States and groups…
Read MoreUniform Rules for Collections (URC)
A set of rules published by the International Chamber of Commerce (ICC) to aid bankers, buyers, and sellers in the collections process. The Rules have been prepared to resolve problems that practitioners have experienced in their everyday operations. The URC…
Read MoreUniform Rules for Contract Guarantees (URCG)
The International Chamber of Commerce (ICC) has established a set of contractual rules that may be used for contract guarantees to achieve a fair balance among the legitimate interests of the three parties involved in contract guarantees, the beneficiary, the…
Read MoreUniform Rules for Demand Guarantees (URDG)
A set of contractual rules established by the International Chamber of Commerce (ICC) that may be used for demand guarantees and counter-guarantees. These rules are not law, and apply only if the parties to the demand or counter-guarantee so choose….
Read MoreUnilateral
An action taken by a single country on its own initiative, and not in any way dependent upon or conditional upon the actions of any other country or countries.
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