International commercial law

International Commercial Law is a body of legal rules, conventions, treaties, domestic legislation and commercial customs or usages, that governs international commercial or business transactions.^[1] A transaction will qualify to be international if elements of more than one country are involved.^[2]

Lex mercatoria refers to that part of international commercial law which is unwritten, including customary commercial law; customary rules of evidence and procedure; and general principles of commercial law.^[3]

^ Mo, John S.; International Commercial Law (2003) 1.
^ Pryles, Jeff Waincymer, and Davis, Martin; International Trade Law (2004) 74.
^ Ziegel, Jacob S. and Lerner, Shalom (eds), New Developments in International Commercial and Consumer Law (1998) 5.

[1] Mo, John S.; International Commercial Law (2003) 1.

[2] Pryles, Jeff Waincymer, and Davis, Martin; International Trade Law (2004) 74.

[3] Ziegel, Jacob S. and Lerner, Shalom (eds), New Developments in International Commercial and Consumer Law (1998) 5.

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