International Business Law
/ˌɪntərˈnæʃənəl ˈbɪznəs lɔː/
Definitions
- (n.) The body of law governing commercial transactions and trade between parties in different countries.
Companies must comply with international business law when entering foreign markets.
- (n.) The set of legal rules addressing the rights, obligations, and disputes of multinational enterprises and cross-border business activities.
Disputes arising from joint ventures abroad are typically resolved under international business law.
Forms
- international business laws
Related terms
Commentary
International business law integrates aspects of public international law and private commercial law, often requiring consideration of treaties, conventions, and domestic laws of multiple jurisdictions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.