JJUA55245U International Sales Law - NOTE: THE COURSE IS CANCELLED IN THE SPRING SEMESTER 2019

The course aims at acquainting students with regulatory framework and practice of international transactions of sale of goods, which are the most frequently concluded type of international contracts. Providing legal services for such contracts requires particular attention, as analogies to domestic transactions are useful only to a limited extent.

The course will be conducted in a highly interactive manner (involving a number of individual and team exercises such as drafting, negotiations and strategy building). In order to demonstrate key issues in international transactions of sale and to highlight practical aspects of contractual practice in this field, extensive use of case studies and problem analyses will be applied.

The course will introduce the participants to the complex array of sources of law in this field, including international, transnational and domestic regulations (i.a. CISG and UNIDROIT). Principles of International Commercial Contracts). It will also offer students an opportunity to practice critical use of standard contractual clauses, model contract forms and trade terms,
common in this field.

The module will familiarize participants with the demands of formation, performance and termination of sales agreements in the context of international business relations. It will also cover a range of related issues, such as instruments for international financing and payment, contracts of carriage, affreightment, and insurance, as well as import limitations and rules of origin. This will allow the participants to learn how to efficiently and successfully plan for, negotiate and execute a complete transaction.

Knowledge of contract law and international business law issues, which the students acquire during Bachelor studies, shall serve as a general basis for the discussion of specific aspects of international sale agreements. The course in International Sales Law is complementary to the modules offered in the MA curriculum on International Commercial Contracts and on International Commercial Arbitration – as it offers an in-depth, specialized overview focused on sales transactions (for which the two other courses provide a more general context). These three courses can be thus treated as a coherent educational bloc in international business law at the Master level.

Course topics:

• Sale of goods – definition and role in the international trade
• Sources of law. Determination of law governing the contract
• Formation and modification of the contract
• Obligations of the parties. Performance standards.
• Liability and remedies
• Termination of the contract
• Role of standard trade terms and model contracts
• Methods of payment
• Contract of carriage and affreightment. Transport issues and passing of risk. Insurance.
• Import regulations. Rules of origin.
• Dispute resolution