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FIN3201

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, and letters of credit; and 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.

Prescribed texts

Burnett The law of international business transactions Federation Press, 1994

or

Pryles M Davis M and Waincymer C International trade law: Commentary and materials Law Book, 1995

Sale of Goods (Vienna Convention) Act 1987 (Vic.) Government Printer, 1987

National Australia Bank Finance of international trade 7th edn, NAB, 1994

Carriage of Goods by Sea Act 1991 (Cth) Government Printer, 1991


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