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Can a sales contract be modified by verbal agreement in El Salvador?
Depending on the provisions set forth in the original contract, some modifications may be valid by verbal agreement as long as both parties agree.
How are trade disputes resolved in Mexico?
Commercial disputes in Mexico can be resolved through court litigation or through alternative dispute resolution methods, such as mediation or arbitration. Commercial courts in Mexico handle disputes related to contracts, debts, and other commercial matters. Mediation and arbitration are voluntary processes in which the parties try to reach an agreement with the help of a mediator or arbitrator. These methods can be faster and less expensive than court litigation.
What is the paperwork process for creating a corporation in Panama?
The creation of corporations is governed by the Panama Corporation Law.
What is the role of the Ministry of Economy in the regulation and supervision of sales contracts in El Salvador?
The Ministry of Economy can establish policies and regulations to guarantee equity and transparency in commercial contracts in the country.
What is Mexico's approach to preventing money laundering in the precious metals and gemstones sector?
In the precious metals and precious stones sector, Mexico has established regulations that require due diligence in identifying clients and submitting reports of suspicious transactions to prevent the use of these assets in money laundering.
How is a judicial file organized in Bolivia?
In Bolivia, a judicial file is organized sequentially, beginning with the initial complaint and followed by judicial resolutions, evidence presented, notifications and other documents related to the case. Each section of the file is dated and numbered for easy tracking and reference during the legal process.
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