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Journal of International Trade Law and Policy: A comparative study of the CISG and the North Korean contract law as to formation of a contract
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Abstract
Purpose – North Korea joined the United Nations Convention on Contracts for the International Sale of
Goods (CISG) as a 90th member on March 27, 2019, which will necessitate the understanding of North
Korean laws, in particular, the contract law for sale. This paper aims to compare the CISG and the North
Korean contract law as to the formation of a contract focusing on form and writing requirement, offer
and acceptance.
Design/methodology/approach – This paper analyzes the provisions of the North Korean Civil Code
and the CISG and reviews the previous research studies concerning the formation of a contract.
Findings – The CISG and the North Korean Civil Code are very similar in many aspects as to the formation
of a contract. However, there are some discrepancies as to the formation of a contract to which the parties need
to pay attention in choosing the governing law.
Practical implications – The parties need to pay attention to the differences concerning the formation of
a contract between the North Korean Civil Code and the CISG in concluding a contract for sale with North
Korea.
Originality/value – This paper will be the first research work, to the best of the author’s knowledge, on
the comparison of the CISG and the North Korean contract law as to the formation of a contract.
Sang Man Kim - Personal Name
NONE
Text
ENGLISH
EMERALD INSIGHT
2020
ENGLAND
JURNAL ILMU HUKUM
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APA Citation
Sang Man Kim. (2020).Journal of International Trade Law and Policy:
A comparative study of the CISG
and the North Korean contract law
as to formation of a contract.(Electronic Thesis or Dissertation). Retrieved from https://localhost/etd