Applicable Legal Statement Terms-World Credit Organization

Welcome,ice8000.org! To prevent counterfeiting, please look for the domain name: www.ice8000.org. Our mission: to promote social integrity, reduce transaction costs, enhance human well-being, and promote human integrity and progress. This online media is an online media sponsored by four units including the World Credit Organization [WCO], the International Moral Court [IMC], the World Integrity Organization [WIO], and the International Credit Dispute Arbitration Commission [ICDAC]. The name of this media is the International Credit Supervision Network, which can also be called the International Credit Standard Network, the International Credit Supervision Network, and the International Credit Standard Network. The ICE8000 standard is a standard to test whether a unit or an individual is truly honest.。
ICE8000 credit knowledge column
  • 1. "Introduction to ICE8000 Credit Knowledge"
  • 2. "Building an Integrity Unit——ICE8000 Integrity Management"
  • 3. "ICE8000 Credit Investigation, Analysis, Rating"

    • 10.1 Applicable Legal Statement

    In most of the ICE8000 standards, there are the following clauses: "The actions taken due to the application and implementation of this standard shall be deemed as the certification party or supervisory party of the World Credit Organization [WCO] in the State of Delaware, USA. The three-party or multi-party contract behavior that the identity participates in and takes place, the behavior and the related disputes caused by the behavior are applicable to and protected by the laws of the State of Delaware and the federal laws of the United States, and the jurisdiction also belongs to the International Moral Court or the Delaware of the United States. Washington state courts and US federal courts. If the parties agree or declare otherwise on the applicable laws and/or courts of jurisdiction, the binding force does not involve the World Credit Organization [WCO].”

    This clause clearly states the applicable law of ICE8000 disputes, which can be called the applicable law statement clause.

    The main functions of this clause are:

    1. Clarify the applicable laws of the ICE8000 standard and related disputes to avoid conflicts of applicable laws.

    Sometimes the parties, subject matter, and place of conduct to which the ICE8000 standard applies are not in the same country, which will cause conflicts of applicable laws. Declaring this clause can avoid conflicts of applicable laws.

    Second, to circumvent unjust laws.

    In commercial activities, it is very common and normal for parties to try to circumvent unjust laws. In today's world, the American legal system has a high reputation and fairness. Using American law as the applicable law can avoid the application of some unfair laws in some countries, and better and more fairly protect the legitimate rights and interests of the parties. . At the same time, the World Credit Organization [WCO] is an international organization registered in Delaware, the United States, and it is a matter of course to declare that the laws of the United States are applicable. Submitting relevant disputes to the U.S. judiciary is also in line with the long-arm jurisdiction principle of U.S. law.

    People can also use the ICE8000 standard to circumvent unjust laws. For example, the victim of rights and interests can actively become the applicator of the ICE8000 standard, and by authorizing and entrusting the ICE8000 institution to participate in the dispute resolution, the other party to the dispute can be included as a passive applicator of the ICE8000 standard.

    The above content is excerpted from "Building an Integrity Unit - ICE8000 Integrity Management" (written by Fang Bangjian, free to use, but please indicate the source)