Journal article
CURRENT ISSUES IN ELECTRONIC DATA INTERCHANGE: Electronic Data Interchange Agreements: Private Contracting Toward a Global Environment
Northwestern Journal of International Law & Business, Vol.13, pp.31-711
01 Apr 1992
Abstract
I. INTRODUCTION With the growth in the use of electronic communications technologies to communicate important business and trade information, the size of the earth, although it may remain at the present 7,900 miles in diameter, is rapidly shrinking. In a matter of seconds, commercial trade data can be exchanged between parties thousands of miles apart, leading to the establishment of new business relationships. In the emerging new global economy, data, information, goods, and services are being exchanged internationally. No longer are parties to a commercial transaction bound by artificial national boundaries with their accompanying sets of domestic legal rules. Over the past few years, rule-making on the international scene -- the drafting or crafting of several international codifications -- has contributed to the evolution of a commercial code to govern international commercial transactions. The United Nations Convention on Contracts for the International Sale of Goods, 1 the U.N. Convention on International Bills of Exchange and Promissory Notes, 2 the UNIDROIT Conventions on International Financial Leasing 3 and International Factoring, 4 the recently completed United Nations Model Law on International Credit Transfers 5 and the pending completion of the United Nations Uniform Rules on Bank Guarantees and Letters of Credit 6 combine to create an international commercial legal structure providing uniform rules to govern many aspects of international business transactions. 7 These developments, though progressive, have failed to keep pace with the quickly changing face of international business transactions. This emerging international commercial law framework is still primarily oriented towards trade ...
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Details
- Title
- CURRENT ISSUES IN ELECTRONIC DATA INTERCHANGE: Electronic Data Interchange Agreements: Private Contracting Toward a Global Environment
- Creators
- Amelia H. Boss
- Publication Details
- Northwestern Journal of International Law & Business, Vol.13, pp.31-711
- Publisher
- Northwestern University School of Law Northwestern Journal of International Law & Business
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Thomas R. Kline School of Law
- Identifiers
- 991020535052004721