Code, Custom, and Contract: The Uniform Commercial Code as Law Merchant
James Ming Chen
Michigan State University - College of Law
February 18, 2010
Texas International Law Journal, Vol. 27, 1992
Rooted in ancient and medieval mercantile experiences, the law of commercial transactions draws from private agreements, customs and usages, and legislation. In this century, three sources – contract, custom and code – have transcended national laws and legal institutions. Codification has occurred on an international scale. In particular, the United Nations Convention on Contracts for the International Sale of Goods (CISG) and Incoterms govern many international commercial transactions.
Number of Pages in PDF File: 46
JEL Classification: K00
Date posted: February 20, 2010
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