TBF9190

International trade law

Mr Lyall Phillips

6 points
* 3 hours per week
* First semester
* Caulfield and in-house

Objectives On successful completion of this subject students should understand the international legal framework in which trade between nations takes place; have acquired knowledge of the law relating to international contracts of sale, finance of international trading transactions, international carriage of goods, insurance in international trade and dispute resolution; be fully familiar with the form and nature of documents used in international trade including contracts of sale, shipping documentation, invoices, insurance policies, bills of exchange and letters of credit; be able to identify and understand legal issues in an international trade context.

Synopsis Topics include law of international trade, including rights and duties in international sales transactions; legal regimes governing contracts for carriage of goods internationally; legal aspects of financing international trade; shipping documents, documentary collections and letters of credit.

Assessment Research paper (5000 words): 50%
* Examination (3 hours): 50%

Prescribed texts

Burnett R The law of international business transactions Federation Press, 1994; and/or
Petony B and others (eds) Commercial transactions: Cases and materials Butterworths, 1991
Carriage of Goods by Sea Act 1991 (Cth) Government Printer, 1991
Finance of international trade 7th edn, NAB, 1996
Sale of Goods (Vienna Convention) Act 1987 (Vic.) Government Printer, 1987