Authorised by Academic Registrar, April 1996
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, and letters of credit; be able to identify and analyse legal issues arising in an international trade context.
Synopsis This subject examines the law affecting a person engaged in international business either in Australia or from Australia. The syllabus covers 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 and the protection of trade marks and patents.
Assessment Research paper (3000 words): 30% + Examination (3 hours): 70% + Students must pass the examination in order to pass the subject. + The final mark that a student receives for the subject will be determined by the subject leader taking into account all aspects of assessment.