International Business Transactions

Term: 
Fall
Credits: 
2.0
Course Description: 

This course discusses, from a comparative and international law perspective, the principal legal issues arising in connection with selected international commercial agreements. The first part of this course focuses on international sale of goods transactions, with particular emphasis on the UN Sales Convention (CISG). It explores issues relating to contract formation, breach, remedies, and exemptions from liability. The second part of this course deals with selected legal aspects of a number of transactions that are related to the international sale of goods: (1) agency agreements; (2) distribution agreements; (3) letter of credit transactions; and (4) contracts for the carriage of goods. 

Learning Outcomes: 
  • Understanding of the theoretical background and practical relevance of the legal unification of international business law
  • Familiarity with the legal framework established by the CISG and ability to solve a variety of problems arising in relation to transactions governed by the CISG
  • Awareness of basic legal principles governing agency, distribution, carriage of goods and letter of credit transactions and ability to solve selected problems arising in connection with such transactions
  • Ability critically to assess a variety of legislative materials and judicial rulings in the area of international business law
Assessment: 

The students are expected to come prepared to class, i.e. to have read the assigned materials.

The final grade will be made up of the following components:

                                                                                         

Final exam: 50%                                                                         

Class participation: 20%

Class presentation and supporting written paper: 30% (15% for the presentation and 15% for the written paper)     

The final exam will be a three-hour open-book exam comprising three questions with at least one problem question and one essay question.

 

The final exam will be a three-hour open-book exam comprising three questions with at least one problem question and one essay question.