This course provides an in-depth exploration of the legal principles and frameworks governing international commercial transactions. Students will gain a comprehensive understanding of how international trade laws and regulations impact global business practices.
Key Topics:
- Introduction to International Commercial Law:
- Overview of international trade and commerce.
- Key international legal institutions and treaties.
- International Contracts:
- Formation and enforceability of international contracts.
- Terms and conditions in international agreements.
- Dispute resolution mechanisms and arbitration.
- International Sale of Goods:
- The United Nations Convention on Contracts for the International Sale of Goods (CISG).
- Sales contracts, delivery, and risk of loss.
- Remedies for breach of contract.
- Trade Financing:
- Letters of credit and other trade financing instruments.
- Payment methods and risks in international trade.
- Regulation of International Trade:
- World Trade Organization (WTO) and its role in regulating international trade.
- Trade barriers, tariffs, and trade agreements.
- Intellectual Property Rights:
- Protection of intellectual property in an international context.
- International treaties and agreements on intellectual property.
- International Dispute Resolution:
- Mechanisms for resolving disputes in international trade.
- Role of international arbitration and mediation.
- Compliance and Risk Management:
- Legal compliance in international business operations.
- Managing risks associated with cross-border transactions.
Learning Outcomes: By the end of this course, students will be able to:
- Analyze and interpret international commercial laws and regulations.
- Draft and negotiate international contracts with an understanding of global legal standards.
- Navigate complex international trade disputes and resolution processes.
- Apply international trade principles to real-world business scenarios.
Assessment: Assessment methods may include exams, case studies, research papers, and group projects.
Recommended Prerequisites: A basic understanding of commercial law and business principles is often recommended.