Course Description
Study of laws, agreements, and institutions that affect international business transactions with particular emphasis on legal risk in global transactions, including sales contracts, major trade agreements, regulation of imports and exports, anti-trust law, intellectual property rights, labor and employment law, environmental law, as well as cultural, political, and ethical problems related to international legal transactions.
Additional Requirements for Graduate Students:
Graduate students will write a research paper on a current
international legal topic relevant to the issues considered in
the course. In connection with this research, graduate students
will be expected to read extensively on the topic and to consult
with the instructor as they construct their reading list.
Graduate students will also take an essay final exam in which
they will be required to identify and discuss legal issues in a
case study involving international legal transactions designed to
test their ability to apply the legal concepts to business
scenarios.
Athena Title
Intl Legal Transact for Busi
Prerequisite
LEGL 2700 or LEGL 2700E or LEGL 2800H
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
To familiarize students with the legal and ethical considerations that affect international business transactions, to enable them to form an initial understanding of the international marketplace necessary to become informed leaders in the business community. To introduce students to legal issues in an international context, which is essential to engaging in effective risk management for multi-national corporations. To alert students to new issues in international law, especially those related to emerging technologies.
Topical Outline
Introduction to the International Law and Legal Transactions Chapter 1 - Introduction to International Business Chapter 2 - International Law and Organizations Chapter 4 - Sales Contracts and Excuses for Nonperformance Chapter 5 - The Documentary Sale & Terms of Trade Contracts Continued & Negotiation of Contracts Chapter 7 - Bank Collections, Trade Finance, and Letters of Credit Chapter 3 - Resolution of International Disputes Finish Negotiations & Discussion Continued / Exam Review Chapter 8 - National Lawmaking Powers and the Regulation of U.S. Trade Chapter 9 - GATT and the WTO: Basic Principles Chapter 10 - Regulating Import Competition and Unfair Trade Chapter 11 - Laws Governing Access to Foreign Markets Chapter 12- Imports, Customs and Tariff Law Chapter 13 - NAFTA Chapter 14 - The EU and Other Regional Areas of Trade Chapter 15 - Regulation of Exports Chapter 16 - International Marketing Law Chapter 17 - Licencing Agreements and the Protection of Intellectual Property Chapter 18 - Host Country Regulation Chapter 19 - Political Risk: Nationalization, Expropriation & Other Takings Chapter 20 - Labor and Employment Discrimination Law Chapter 21 - Environmental Law Chapter 22 - Regulating the Competitive Environment
Syllabus