Glossary

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International Business Transactions - LAWS8993

Faculty: Faculty of Law

School: Faculty of Law

Course Outline: See below

Campus: Kensington Campus

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 2

Enrolment Requirements:

Academic Program must be either 9200, 9210, 5740, 9230, 9231 or 5231

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

This course examines the legal framework of the international business transaction by focussing on trade terms, the Vienna Convention on the International Sale of Goods and the structure and finance of international trade. The course covers a wide range of topics, including the commercial terms of the sales agreement, shipping contracts, financing arrangements (letters of credit, electronic transfers, etc.), insurance and customs documentation. The course also examines the foreign direct investment transaction, international franchise and distribution agreements and contracts for the transfer of technology. International business regulation is also reviewed with particular attention focussed on the World Trade Organization and regional trade agreements. Finally, dispute resolution is considered with emphasis on choice of law and forum, arbitration and enforcement of arbitral awards and foreign judgments.

LLM Specialisations

Corporate and Commercial Law
Corporate, Commercial and Taxation Law
International Business and Economic Law

Recommended Prior Knowledge

None

Objectives:
The principal objective of this course is to introduce students to a wide range of problems and issues that a private business entity may encounter in doing business across national borders.
In this regard, the course is specifically designed to assist students in:

understanding a variety of cross-border business transactions and transaction techniques;
developing skills to identify issues typically involved in cross-border transactions;
acquiring a general knowledge of sources of laws and regulatory regimes affecting cross-border transactions;
comprehending the importance of trade agreements to international commercial law; and
explaining the relationship between law, politics and economics in international trade.

Main Topics