Monash University Handbook 2010 Undergraduate - Unit

Synopsis

The law affecting Australian enterprises engaged in international business. Topics include international trade conventions; import and export procedures; carriage of goods by sea and air; bills of lading and the Hague-Visby rules; finance of international trade; payment and documentary credits; the use of negotiable instruments in international trade; international commercial arbitration and marine insurance.

Objectives

The learning goals associated with this unit are to:

• define the purpose and scope of the international legal framework in which trade between nations takes place
• be able to recognise and understand the form and nature of documents used in international trade including contracts of sale, shipping documentation, invoices, insurance policies, bills of exchange, documentary collections and letters of credit
• be able to identify and understand legal issues in an international trade context
• be able to apply the laws relating to international contracts of sale, international carriage of goods and finance of international trade in a variety of situations
• be able to write a coherent piece of advice discussing the legal issues arising in an international trade dispute.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book): 70%

Chief examiner(s)

Toan Le

Contact hours

3 hours per week

Prerequisites

BTF1010 or equivalent

Prohibitions

BTC2190, BTW3201