International Business Transactions
This course is designed to introduce students to fundamental legal problems encountered by U.S. enterprises engaged in international business. The course will focus on some major legal problems encountered in commercial and financial business ventures that cross national borders, analyzing basic international business transactions and the effects of U.S. law, specific foreign law, and treaties on the conduct of the parties involved. Topics include an introduction to: commercial law, formation of contracts, choice of law, international sale of goods (including the CISG), letters of credit, foreign direct investment, the organization and operations of international (World Trade Organization) and regional trade institutions (European Union), international dispute resolution, and corporate social responsibility.
The goal of the course is for students to develop an understanding of the U.S. laws applicable to private international transactions and an awareness of the risks inherent in doing business in or with other countries and their nationals.