
Transnational Contracts
Transnational contracts are agreements made between parties from different countries that specify the terms of their business relationship. These contracts cover aspects like delivery of goods or services, payment terms, intellectual property rights, and dispute resolution. Because they involve multiple legal systems, they often include provisions to address differences in laws and regulations. Such contracts are essential for international trade, ensuring all parties understand their rights and responsibilities across borders, and help manage risks associated with cross-country transactions.