Behind every mask... is another mask - structural considerations on trade usages in international commercial law - dissolving some confusions

It is recognized for millenniums already that outside of the written and codified law, custom can also function as a source of law if certain criteria are fulfilled. Even though modern lawmaking in civil law controls the possible situations when usages can intervene, in case of international commerc...

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Bibliographic Details
Published inJuridical Tribune - Review of Comparative and International Law Vol. 10; no. 2; pp. 289 - 307
Main Author Petres, Botond Zoltán
Format Journal Article
LanguageEnglish
Published Bucharest Societatea de Stiinte Juridice si Administrative (the Society of Juridical and Administrative Sciences) 01.06.2020
Subjects
Commercial law
General practice
International law
International trade
Principles
Regulation
Trading
Transactions
Uniform Commercial Code-US
Austria
United States > US
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Summary:It is recognized for millenniums already that outside of the written and codified law, custom can also function as a source of law if certain criteria are fulfilled. Even though modern lawmaking in civil law controls the possible situations when usages can intervene, in case of international commercial law the application of usages is much wider. As international trade was growing in the past century in an unprecedented manner, the number of international transactions grew exponentially. Also, the field of international commercial law consists mostly of soft-law sources due to the fact that states hardly obtain a consensus in regulation. Therefore, the usage created by the general practice of actors of a given field, and also the practice which is not based on contractual provisions between trading partners shall be taken into account. The structure of usage remained mostly the same for centuries, but due to that, this consuetudo might have fallen into desuetude. The problem with these is the fine line that exists between custom and usage, the existence of a usage and a practice which is unable to act as a source of law. We only see the mask - and behind every mask... is another mask.
ISSN:3008-637X