International business transactions 406 (6 points)
(LAW)
Leader:
Offered:
Not offered in 2004.
Synopsis:
Objectives: Upon completion of this subject, students should (i) have an understanding of the various views, including economic theories, concerning the rationale for and objectives of international commercial law; (ii) understand the legal problems that arise from international business transactions; (iii) have an understanding of the main issues that should be addressed when negotiating a contract for the international sale of goods and services, the financing of international transactions, and the transport of goods internationally; (iv) understand the law dealing with international contracts of sale, including the laws dealing with international payment of goods and the law relating to the contracts of carriage and insurance of goods; (v) be familiar with the international agreements and international regimes that influence and regulate international business transactions; (vi) understand the main types of structures commonly used in international business transactions, particularly those involving a transfer of technology; (vii) have an understanding of the methods for resolving disputes in this area.
Assessment: Written assignment (3,500 words): 40% + Open book examination (1.5 hours plus 10 minutes reading/settling time): 60% OR Open book examination (2.5 hours plus 10 minutes reading/settling time): 100%
Contact Hours: Three hours of lectures per week
Prerequisites: LAW1100 Legal Process OR LAW1101 Introduction to legal reasoning and LAW1102 Law in society, LAW2100 Contract OR LAW2101 Contract A and LAW2102 Contract B, LAW3400 Property OR LAW3401 Property A and LAW3402 Property B
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