[Hague-jur-commercial-law] Business Endorses UN Convention on Electronic Contracting

[Michael Sondow]

>Business Endorses UN Convention on Electronic Contracting

So USCIB and the ICC endorse it? Hey, dat must mean more loot, huh? More sq=
ueeze on the jerks. Get Tony on de phone, will ya? Dis sounds good.

>USCIB Executive Vice President Ronnie Goldberg =20
>called the convention =93a sign of, and a vehicle for, the >increasing =20
>legal recognition of electronic contracting, particularly in =20
>developing countries.=94

Yeah, dem toid worlders been getting away wid a lot. We gonna get em by the=
 ***** wid dis agreement.

>The convention requires signatory countries to recognize the >legal validi=
ty of electronic communications used in contracts

And dey gonna sign it! Dis is an offer ya cant refuse.=20

And in case dey dont capish this "legal validity" jive, what it means is: "=
By not making any response to a web-based contract, you admit having read a=
nd understood it and you accept that it is binding on you for all legal pur=
poses". Jes sos dey dont get no ideas dey still got some freedom a choice.=
=20

>and also =20
>supports the principle of party autonomy in electronic >contracting. =20

>Yeah, ha-ha, like, dem rich guys at the ICC got autonomy, an da poor jerks=
 got bunk-all.

>Speaking on the first day of the UNCITRAL session, Christopher >Kuner, one=
 of the leaders of the ICC expert group,

Is dat Chrissy from Flatbush?

>said: "It supplies the legal foundation for self-=20
>regulatory instruments

Self-regulatory, huh? Dat must be like when Jimmy Nice cut the Bronx hoods =
out of numbers in Washington Heights, and told em dey dint have no beef cau=
se dis was a cosa nostra, ha-ha-ha.

>The other good news =20
>is that it allows for electronic communications to satisfy the =20
>requirements of other conventions, without the need for those =20
>conventions to be re-negotiated."

Oh, yeah, dese guys at de ICC is smart, dey got it retroactive to cover eve=
ryting. No way out. Just like dat "most favored nation" scam in dose, whadd=
ya call em?, yeah, dose bi-lateral trade agreements. Looey always said, whe=
n ya gotta good scam, keep it runnin, baby.

>"This convention...will help boost e-commerce in those developing =20
>countries which ratify it," Mr. Kuner said.

An de ones dat dont, we gonna send in de boys ta convince em.

M.