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According to the Discussion in Chapter 8, the Best Definition

question 46

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According to the discussion in Chapter 8, the best definition of the word concept is:


Definitions:

CISG

The United Nations Convention on Contracts for the International Sale of Goods is a treaty designed to create a consistent legal framework for international trade.

UCC

Stands for Uniform Commercial Code, a set of laws that govern commercial transactions in the United States.

Expropriation

The act by the government or its authority of taking private property for public use, with payment of compensation to the owner.

International Law

A body of rules, agreements, and treaties that govern the conduct and relations between different nations and states.

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