Feasibility Study of the Right to Sell Goods on the Iran Commodity Exchange with a Comparative Study of the Iranian Law System and the Convention on International Trade in Goods (1980)

Abstract

The development and expansion of commodity exchanges and the prospect of their transnationalization require that while examining the relevant laws and rights at the international level, the ground for their development and implementation in order to increase interactions with foreign exchanges and identify new export markets. One of these rights is the right to resell the goods covered by the International Convention on the Trading of Goods (1980). Studies show that the possibility of resale is not provided not only in commodity exchanges but also in the Iranian legal system, and the resale of goods before the termination of the initial transaction in one of the legal or contractual ways, the seizure of other and subject property The rules of transactions are volatile. The results of the research indicate that by amending the relevant instructions in the Iran Commodity Exchange, the right to resell the goods to the buyer and the seller can be used, and thus the possible damages caused by the buyer's non-transaction or delivery of non-compliant goods by the contract. The seller stopped

Keywords

• resale
• sale convention
• commodity exchange
• settlement and exchange