International law
Ms Alice de Jonge
6 points * 3 hours per week * First semester (Peninsula); second semester (Caulfield) * Caulfield, Peninsula * Prerequisite: FIN1010
Objectives Students completing this subject should: understand the legal framework in which international trade takes place; have acquired knowledge of the law relating to international contracts of sale, finance of international trade, insurance, international carriage of goods, dispute resolution and intellectual property rights; recognise and understand the form and nature of documents used in international trade including contracts of sale, shipping documents, bills of exchange, insurance policies, documentary collections and letters of credit; identify and analyse legal issues in an international trade context.
Synopsis This subject examines the law affecting a person engaged in international business either in Australia or from Australia; international trade conventions; exports; carriage of goods by sea and air; bills of lading and the Hague-Visby rules; payment and documentary credits; negotiable instruments; international commercial arbitration; the role of confirming houses and merchant banks; marine insurance; the protection of trade marks and patents.
Assessment Assignment (2000 words): 30% * Class tests/Examinations (3 hours): 70%
Prescribed texts
Burnett Law of international trade transactions Federation Press, 1994