Quote:
Originally Posted by Webby
BTW BP... Would argue that the "point of sale" or "transaction" is not in any other country, but in the legal venue of whatever corp the deal is with. This would normally be the "jurisdiction" of that corp.
In other words, ya buy a CD from an Italian corp, both the legal venue and the jurisdiction is Italy - whether you are ordering from Japan, Canada or China. There is no legal redress in Japan, Canada or China if your CD never gets delivered - the only redress is the "legal venue" of the corp you are deal with - ie Italian courts.
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It is not that I am saying you are wrong I am just pointing out how US Law is written. If the funds originated in the US then US Law applies for the transaction regardless of which jurisdiction the company selling the goods/service is located in.
By applying your view I could wire 100k from a US Bank to Columbia to buy coke and have it shipped to France and US Law has no jurisdiction over me. Granted that is not comparing apples to apples but if you want to do business where the funds for the transaction originate in the US you have to abide by US law.