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UNIDROIT (formally, the International Institute for the Unification of Private Law; French: ''Institut international pour l'unification du droit privé'') is an intergovernmental organization whose objective is to harmonize private international law across countries through uniform rules, international conventions, and the production of model laws, sets of principles, guides and guidelines. Established in 1926 as part of the League of Nations, it was reestablished in 1940 following the League's dissolution through a multilateral agreement, the UNIDROIT Statute. As of 2023 UNIDROIT has 65 member states. UNIDROIT has prepared multiple conventions (treaties), but has also developed soft law instruments. An example are the UNIDROIT Principles of International Commercial Contracts. Distinctly different from the Convention on the International Sale of Goods (CISG) adopted by UNCITRAL, the UNIDROIT Principles do not apply as a matter of law, but only when chosen by the parties as ...
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1926
In Turkey, the year technically contained only 352 days. As Friday, December 18, 1926 ''(Julian Calendar)'' was followed by Saturday, January 1, 1927 '' (Gregorian Calendar)''. 13 days were dropped to make the switch. Turkey thus became the last country to officially adopt the Gregorian Calendar, which ended the 344-year calendrical switch around the world that took place in October, 1582 by virtue of the Papal Bull made by Pope Gregory XIII. Events January * January 3 – Theodoros Pangalos declares himself dictator in Greece. * January 8 **Ibn Saud is crowned ruler of the Kingdom of Hejaz. ** Crown Prince Nguyễn Phúc Vĩnh Thuy ascends the throne as Bảo Đại, the last monarch of the Nguyễn dynasty of the Kingdom of Vietnam. * January 16 – A British Broadcasting Company radio play by Ronald Knox about workers' revolution in London causes a panic among those who have not heard the preliminary announcement that it is a satire on broadcasting. * January 21 ...
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Principles Of International Commercial Contracts
The Principles of International Commercial Contracts 2016 (most frequently referred to as the UNIDROIT Principles and often also referred to as PICC) is a set of 211 rules for international contracts. They have been drawn up since 1984 by an international working group of the inter-governmental organization UNIDROIT, and they were ratified by its Council representing 64 governments of member states. As soft law, these principles help harmonize international commercial contract law by providing rules supplementing international instruments like the CISG and even national laws. Most importantly in private practice, they offer a neutral contractual regime which the parties can choose, either by incorporation into their contracts (in whole or in parts), or by a straightforward choice of the UNIDROIT Principles (e.g. “This contract is governed by the UNIDROIT Principles of International Commercial Contracts 2016”; in practice such a clause is often combined with an arbitration cla ...
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UNIDROIT Convention On Stolen Or Illegally Exported Cultural Objects
UNIDROIT Convention on Stolen or Illegally Exported Cultural Objects (Rome, 1995) is the international treaty on the subject of cultural property protection. It attempts to strengthen the main weaknesses of the 1970 UNESCO ''Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property''. The UNIDROIT UNIDROIT (formally, the International Institute for the Unification of Private Law; French: ''Institut international pour l'unification du droit privé'') is an intergovernmental organization whose objective is to harmonize private internati ... Convention seeks to fight the illicit trafficking of cultural property by modifying the buyer's behaviour, obliging him/her to check the legitimacy of their purchase. Due diligence and Burden of Proof The Convention states that if a cultural property was stolen it must be returned (Chapter II, Art. 3.1). Any possessor of a stolen cultural object required to return it ...
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Factoring (finance)
Factoring is a financial transaction and a type of debtor finance in which a business ''sells'' its accounts receivable (i.e., invoices) to a third party (called a factor (agent), factor) at a discounting, discount.O. Ray Whittington, CPA, PhD, "Financial Accounting and Reporting", Wiley CPAexcel EXAM REVIEW STUDY GUIDE, John Wiley & Sons Inc., 2014 A business will sometimes factor its receivable assets to meet its present and immediate Money, cash needs.The Wall Street Journal, "How to Use Factoring for Cash Flo small-business/funding. Forfaiting is a factoring arrangement used in International trade, international trade finance by exporters who wish to sell their accounts receivable, receivables to a forfaiter.Please refer to the Wiki article forfaiting for further discussion on cites. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to d ...
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Will (law)
A will and testament is a legal document that expresses a person's (testator) wishes as to how their property ( estate) is to be distributed after their death and as to which person ( executor) is to manage the property until its final distribution. For the distribution (devolution) of property not determined by a will, see inheritance and intestacy. Though it has been thought a "will" historically applied only to real property, while "testament" applied only to personal property (thus giving rise to the popular title of the document as "last will and testament"), records show the terms have been used interchangeably. Thus, the word "will" validly applies to both personal and real property. A will may also create a testamentary trust that is effective only after the death of the testator. History Throughout most of the world, the disposition of a dead person's estate has been a matter of social custom. According to Plutarch, the written will was invented by Solon. Originally ...
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Yugoslavia
, common_name = Yugoslavia , life_span = 1918–19921941–1945: World War II in Yugoslavia#Axis invasion and dismemberment of Yugoslavia, Axis occupation , p1 = Kingdom of SerbiaSerbia , flag_p1 = State Flag of Serbia (1882-1918).svg , p2 = Kingdom of MontenegroMontenegro , flag_p2 = Flag of the Kingdom of Montenegro.svg , p3 = State of Slovenes, Croats and Serbs , flag_p3 = Flag of the State of Slovenes, Croats and Serbs.svg , p4 = Austria-Hungary , flag_p4 = Flag of Austria-Hungary (1867-1918).svg , p7 = Free State of FiumeFiume , flag_p7 = Flag of the Free State of Fiume.svg , s1 = Croatia , flag_s1 = Flag of Croatia (1990).svg , s2 = Slovenia , flag_s2 = Flag of Slovenia.svg , s3 ...
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United Arab Republic
The United Arab Republic (UAR; ) was a sovereign state in the Middle East from 1958 to 1971. It was initially a short-lived political union between Republic of Egypt (1953–1958), Egypt (including Occupation of the Gaza Strip by the United Arab Republic, Egyptian-governed Gaza) and Second Syrian Republic, Syria from 1958 until Syria seceded from the union following the 1961 Syrian coup d'état. Egypt continued to be known officially as the United Arab Republic until it was formally dissolved by Anwar Sadat in September 1971. The republic was led by Gamal Abdel Nasser as the President of Egypt, Egyptian president. The UAR was a member of the United Arab States, a loose confederation with the Kingdom of Yemen, Mutawakkilite Kingdom of Yemen, which was dissolved in 1961. It was a brief pan-Arab union. History Origins The United Arab Republic was established on 1 February 1958 as the first step towards a larger Pan-Arabism, pan-Arab state, originally being proposed to Egyptian ...
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East Germany
East Germany, officially known as the German Democratic Republic (GDR), was a country in Central Europe from Foundation of East Germany, its formation on 7 October 1949 until German reunification, its reunification with West Germany (FRG) on 3 October 1990. Until 1989, it was generally viewed as a communist state and described itself as a Socialist state, socialist "workers' and peasants' state". The Economy of East Germany, economy of the country was Central planning, centrally planned and government-owned corporation, state-owned. Although the GDR had to pay substantial war reparations to the Soviets, its economy became the most successful in the Eastern Bloc. Before its establishment, the country's territory was administered and occupied by Soviet forces following the Berlin Declaration (1945), Berlin Declaration abolishing German sovereignty in World War II. The Potsdam Agreement established the Soviet occupation zone in Germany, Soviet-occupied zone, bounded on the east b ...
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Czechoslovakia
Czechoslovakia ( ; Czech language, Czech and , ''Česko-Slovensko'') was a landlocked country in Central Europe, created in 1918, when it declared its independence from Austria-Hungary. In 1938, after the Munich Agreement, the Sudetenland became part of Nazi Germany, while the country lost further territories to First Vienna Award, Hungary and Trans-Olza, Poland (the territories of southern Slovakia with a predominantly Hungarian population to Hungary and Zaolzie with a predominantly Polish population to Poland). Between 1939 and 1945, the state ceased to exist, as Slovak state, Slovakia proclaimed its independence and Carpathian Ruthenia became part of Kingdom of Hungary (1920–1946), Hungary, while the German Protectorate of Bohemia and Moravia was proclaimed in the remainder of the Czech Lands. In 1939, after the outbreak of World War II, former Czechoslovak President Edvard Beneš formed Czechoslovak government-in-exile, a government-in-exile and sought recognition from the ...
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Lebanon
Lebanon, officially the Republic of Lebanon, is a country in the Levant region of West Asia. Situated at the crossroads of the Mediterranean Basin and the Arabian Peninsula, it is bordered by Syria to the north and east, Israel to the south, and the Mediterranean Sea to the west; Cyprus lies a short distance from the coastline. Lebanon has a population of more than five million and an area of . Beirut is the country's capital and largest city. Human habitation in Lebanon dates to 5000 BC. From 3200 to 539 BC, it was part of Phoenicia, a maritime civilization that spanned the Mediterranean Basin. In 64 BC, the region became part of the Roman Empire and the subsequent Byzantine Empire. After the seventh century, it Muslim conquest of the Levant, came under the rule of different Islamic caliphates, including the Rashidun Caliphate, Rashidun, Umayyad Caliphate, Umayyad and Abbasid Caliphate, Abbasid. The 11th century saw the establishment of Christian Crusader states, which fell ...
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Unidroit Map
UNIDROIT (formally, the International Institute for the Unification of Private Law; French: ''Institut international pour l'unification du droit privé'') is an intergovernmental organization whose objective is to harmonize private international law across countries through uniform rules, international conventions, and the production of model laws, sets of principles, guides and guidelines. Established in 1926 as part of the League of Nations, it was reestablished in 1940 following the League's dissolution through a multilateral agreement, the UNIDROIT Statute. As of 2023 UNIDROIT has 65 member states. UNIDROIT has prepared multiple conventions (treaties), but has also developed soft law instruments. An example are the UNIDROIT Principles of International Commercial Contracts. Distinctly different from the Convention on the International Sale of Goods (CISG) adopted by UNCITRAL, the UNIDROIT Principles do not apply as a matter of law, but only when chosen by the parties as ...
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Pontifical University Of Saint Thomas Aquinas
The Pontifical University of Saint Thomas Aquinas (PUST), also known as the ''Angelicum'' or ''Collegio Angelico'' (in honor of its patron, the ''Doctor Angelicus'' Thomas Aquinas), is a pontifical university located in the historic center of Rome, Italy. The ''Angelicum'' is administered by the Dominican Order and is the order's central locus of Thomistic theology and philosophy. The ''Angelicum'' is coeducational and offers both undergraduate and graduate degrees in theology, philosophy, canon law, and social sciences, as well as certificates and diplomas in related areas. Courses are offered in Italian and some in English. The ''Angelicum'' is staffed by clergy and laity and serves both religious and lay students from around the world. History The ''Angelicum'' has its roots in the Dominican mission to study and to teach truth. This mission is reflected in the order's motto, "''Veritas''". The distinctively pedagogical character of the Dominican apostolate as intended by ...
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