Legal Aspects of International Trade
- Faculty
Faculty of Business Management and Social Sciences
- Version
Version 1 of 25.11.2024.
- Module identifier
22M1133
- Module level
Master
- Language of instruction
English
- ECTS credit points and grading
5.0
- Module frequency
only winterterm
- Duration
1 semester
- Brief description
International business activities are always subject to a legal framework. This course familiarizes students with legal issues that arise specifically in the context of international business transactions, like international sales activities or foreign investments.
- Teaching and learning outcomes
- History and specifics of different legal systems
- Law of conflicts in the EU and the US
- International sales law, in particular the CISC
- INCOTERMS
- Relevance of documents in international trade
- Handling of transaction risks in international trade
- International dispute settlement through litigation and arbitration
- Overall workload
The total workload for the module is 150 hours (see also "ECTS credit points and grading").
- Teaching and learning methods
Lecturer based learning Hours of workload Type of teaching Media implementation Concretization 45 Lecture Presence - Lecturer independent learning Hours of workload Type of teaching Media implementation Concretization 45 Study of literature - 30 Preparation/follow-up for course work - 30 Exam preparation -
- Graded examination
- Written examination
- Exam duration and scope
Written examination: in accordance with the valid study regulations
The requirements are specified in the relevant class.
- Recommended prior knowledge
It is recommended that students have a basic understanding of private law.
- Knowledge Broadening
Students who successfully complete this module are are familiar with relevant legal issues of international trade.
- Knowledge deepening
Students who have gained knowledge on legal issues of international trade either in this or previous modules will enhance their skills in addressing and mitigating these risks.
- Knowledge Understanding
Students who have completed this module are capaple of using their knowledge of international business law to assess practical issues and identify potential risks.
Students are able to communicate with lawyers and other specialists on a professional level with regard to certain topics of international business law.
- Application and Transfer
Students who have completed this module will be able to apply their knowledge in practical cross-border transactions, in particular in export/import transactions..
- Academic Innovation
Students can evaluate the extent to which existing rules determine business processes in a clear way. They can analyse where "grey areas" exist and how a legal regime is likely to react to those. They can develop ways to optimize business processes against this background.
- Communication and Cooperation
Students who have completed this module will be able to communicate with inhouse or external lawyers and business associates on a professional level with regard to international trade transactions.
- Academic Self-Conception / Professionalism
Students who have completed this module will be able to apply their knowledge to assess and handle relevant legal issues in a business environment.
- Literature
- DiMatteo, International Business Law and the Legal Environment
- August/Mayer/Bixby, International Business Law
- Schaffer/Agusti/Earle, International Business Law and its Environment
- Schmitthoff, The Law and Practice of International Trade
- Linkage to other modules
This module is designed to complement the business modules of the course.
- Applicability in study programs
- International Business and Management (Master)
- International Business and Management, M.A. (01.09.2024)
- Person responsible for the module
- Sutschet, Holger
- Teachers
- Sutschet, Holger