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78152 International Commercial Transactions

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2017 is available in the Archives.

UTS: Law
Credit points: 8 cp
Result type: Grade and marks

Requisite(s): ( 78100c Postgraduate Legal Research OR ((102 credit points of completed study in spk(s): C04236 Juris Doctor OR 102 credit points of completed study in spk(s): C04250 Juris Doctor Master of Business Administration)))
The lower case 'c' after the subject code indicates that the subject is a corequisite. See definitions for details.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 76903 International Commercial Transactions AND 78153 International Commercial Transactions

Description

This subject provides an overview of international business transactions and the framework for international regulation of commercial transactions. Furthermore, the subject provides an overview of international trade organisations (e.g. WTO, EU) and the uniform law applicable to international sale of goods (CISG).

Other key themes in the subject include aspects of the international regulation of trade in goods: WTO; an overview of licensing transactions and licensing into the EU; an overview of foreign direct investment and issues of investing in Europe.

The subject also provides an introduction to dispute resolution issues; and an overview of trans-boundary dispute resolution.

Subject learning objectives (SLOs)

Upon successful completion of this subject students should be able to:

1. undertaking relevant legal research in the area of International commercial transactions;
2. construct clear and persuasive legal argument in writing;
3. understanding the rationale and application of rules applicable to international commercial transactions;
4. critically evaluate existing International laws, rules, legal principles and institutions.

Teaching and learning strategies

Strategy 1 - A series of 6 intensive day-long sessions, comprising lectures and discussions
Strategy 2 - This Subject Outline (also available electronically on UTSOnline)
Strategy 3 - Material posted on UTSOnline by lecturer (e.g., excerpts from relevant books, cases etc.)
Strategy 4 - Feedback, advice and support from the lecturer (i.e., via email, or appointment in person.)
Strategy 5 - Learning in partnerships or groups

Content (topics)

Topic 1 Introduction to the Course, Course Policies and Assessment
Topic 2 Agency
Topic 3 Joint Ventures
Topic 4 Licensing
Topic 5 Letters of Credit
Topic 6 INCOTERMS
Topic 7 CISG (Vienna Convention)
Topic 8 Dispute Resolution
Topic 9 Sea Transport
Topic 10 Air Transport
Topic 11 Insurance
Topic 12 Customs
Topic 13 WTO
Topic 14 Revision

Assessment

Assessment task 1: Research Essay

Weight: 50%
Length: 2,500 words

Assessment task 2: Workshop problems

Weight: 40%

Assessment task 3: Class participation

Weight: 10%

Required texts

International Commercial Law, John Mo, 5th Ed. LexisNexis/Butterworths 2013.

Recommended texts

Material available on UTS Online

Other resources