Commercial and Customs Terminology and Its Importance There are numerous terms used in commercial and customs affairs. Familiarity with these terms is essential for traders and individuals active in this field. These terms are widely used in daily communications between individuals and administrative authorities, and a lack of familiarity with them may lead to misunderstandings...Read More
Persons Disqualified and Prohibited from Appointment as Arbitrators Numerous definitions of arbitration have been provided, all conveying essentially the same meaning with minor variations. A comprehensive definition may be stated as follows. Arbitration is an agreement by which the parties, either by mutual consent or by operation of law in cases of compulsory arbitration, submit...Read More
Types of Contracts Related to Electronic Commerce Electronic commerce enables access to internet based networks. As a result, the technical presence of both the supplier and the buyer on such networks is unavoidable. For this purpose, the supplier must enter into a hosting or server placement agreement unless this function is undertaken internally. Similarly, the...Read More
Introduction to the Invoice Document and Its Application in Transportation In international transportation and trade, various documents are collectively referred to as transport documents. These documents provide detailed information on goods and shipments and are among the most important in foreign trade transactions. They function as the identity record of goods. One of the most...Read More
Economic Sanctions from the Perspective of International Law The term sanction refers to the systematic refusal by a state or group of states to establish social, economic, political, or military relations with another state, for the purpose of punishment or to induce acceptable behavior. Sanctions may be comprehensive, covering all goods and services, or limited...Read More
Purchase of Inherited Property A property that is transferred to heirs after the death of its owner is referred to as an inherited property. The purchase, sale, and transactions relating to such properties are subject to specific legal rules and procedures. For this reason, it is strongly recommended that purchasers exercise due diligence and consider...Read More
Commercial Goodwill in Virtual Stores While the concept of commercial goodwill in traditional business premises is well established, the leasing of digital business space, namely the electronic address of virtual stores, and the goodwill associated with it are relatively new subjects. The possibility of such leasing and the comparison of the economic value of a...Read More
Maritime Shipping and Sea Transportation Today, a significant portion of successful international trade is conducted via maritime shipping and related services. One of the most important factors in determining the mode of transportation is a country’s geographical conditions. Maritime transportation is the world’s largest industry and employs approximately 2.5 million people. This industry has a...Read More
Conditions for Revocation of Child Custody from Parents One of the most important legal rights granted to both men and women is child custody, which refers to the care, supervision, and upbringing of a child. Therefore, the individual who holds custody must possess the necessary qualifications and competence to fulfill this responsibility. Otherwise, any form...Read More
Sourcing and Its Importance Supplier search, or sourcing, is a fundamental step toward growth and improved performance and applies to companies across all industries, including electronics, construction, and chemicals. This process is used to strategically manage the supply of goods and services and to reduce total costs associated with purchased products, materials, and services. The...Read More