Legal, Ethical, and Social Issues

This is the most important difference because much of the business that occurs today is genuinely regarded as global or transnational business. Very few companies of any size or substance do not do business internationally, either selling goods or raw materials or purchasing these items from abroad. There are some 61 countries that have either ratified, acceded to, or approved the CISG and therefore it applies in many international business dealings. Another difference between the two is that the CISG does not apply to consumer sales and neither of the two contractual guidelines or regulatory systems apply to contracts for services.

Clarkson, K.W., Miller, R.L., Jentz, G.A., & Cross, F.B.

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Approximate Word count = 988
Approximate Pages = 4 (250 words per page)

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