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The rules regarding the choice of law applicable to international trade agreements

Publication date: April 14, 2026

Concluding international trade agreements is becoming increasingly easier and risk-free. International trade underpins the global economy more than ever before, due to globalization and the increasing unification of legal provisions governing this matter, along with the expansion of international agreements and intergovernmental cooperation. However, international law does not always address the needs of complex relationships between entities from different countries, which leads to a lack of certainty and predictability in legal transactions. To stabilize international contractual relations, efforts are being made to standardize private law at the international level and adapt state regulations to the needs of cross-border trade. This task is becoming increasingly easier due to the rapid development of new technologies and the digitization of organizational centers. Organizations such as the Hague Conference on Private International Law are engaged in the unification of private law.

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Can an online auctioneer charge the maximum amount set by a bidder if the amount of the item being bid is less than the last bid?

Publication date: March 11, 2026

Regulation of concluding a sales contract by auction according to the Civil Code

Pursuant to Article 701 of the Polish Civil Code, a contract – including a sales contract – may be concluded through an auction or a tender. These two distinct contract-formation methods are distinguished by their specific characteristics, which include the multilateral and eliminatory nature of the procedure. Both procedures allow for the conclusion of a contract with the participant offering the most favorable terms from among many potential contractors, on equal terms and in compliance with the principles of free competition.

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