1:16 AM international law | ||||
#International Law. International Law. unlike most other areas of law, has no defined area or governing body, but instead refers to the many and varied laws, rules and customs which govern, impact and deal with the legal interactions between different nations, their governments, businesses and organizations, to include their rights and responsibilities in these dealings. The immense body that makes up international law encompasses a piecemeal collection of international customs; agreements; treaties; accords, charters (i.e. the United Nations Charter); protocols; tribunals; memorandums; legal precedents of the International Court of Justice (aka World Court) and more. Without a unique governing, enforcing entity, international law is a largely voluntary endeavor, wherein the power of enforcement only exists when the parties consent to adhere to and abide by an agreement. Due to the diverse legal systems and applicable histories of different countries, laws addressing international law include both common law (case law) and civil law (statutes created by governing bodies). Their application covers all the facets of national law, to include substantive law, procedure, and remedies. There are three main legal principles recognized in much of international law, which are not required, but are based chiefly on courtesy and respect: - Principle of Comity - in the instance where two nations share common public policy ideas, one of them submits to the laws and judicial decrees of the other. - Act of State Doctrine - respects that a nation is sovereign in its own territory and its official domestic actions may not be questioned by the judicial bodies of another country. It dissuades courts from deciding cases that would interfere with a country�s foreign policy. - Doctrine of Sovereign Immunity - deals with actions brought in the court of one nation against another foreign nation and prevents the sovereign state from being tried in court without its consent. In the U.S. this is governed by the Foreign Sovereign Immunities Act (FSIA) of 1976. To be determined a sovereign state a nation must run its own government, with its own territory and population. There are both national laws and international agreements which govern/regulate international business transactions, which include investments, offshore banking, contracts, imports/exports, tariffs, dumping, trade and more. Although there is no definitive governing body overseeing international law, the United Nations is the most widely recognized and influential international organization and the International Court of Justice (ICJ) is its judicial counterpart. International law may further be broken down as public or private. Public International law covers the rules, laws and customs that govern and monitor the conduct and dealings between nations and/or their citizens. The UN deals largely with public international law. Private International law (Conflict of laws) handles disputes between private citizens of different nations. Copyright HG.org Know Your Rights!Unlike many countries that only allow land sales to those with citizenship in the country, the United States treats sales of real estate to foreigners almost the same as sales to citizens. The only limitations are usually imposed by homeowners associations, condominium associations, cooperatives, or other forms of community associations. if you are considering keeping your money in a foreign bank account, it may not be as easy as it once was, nor provide as much protection from taxes as you may believe. International law is largely a misnomer, given that it primarily refers to a body of treaty agreements and their resulting rules, regulations, and practices, and not the codification of laws passed down by a centralized government or legislative body. The Geneva Conventions are rules that have been agreed upon by various member nations and apply usually to times of armed conflict. The Conventions seek to protect people who are not (or are no longer) taking part in hostilities, including the sick and wounded, shipwrecked sailors, prisoners of war, and civilians.
| ||||
|
Total comments: 0 | |