Project #8865 - International Business Law

International Business Law Class Assignment re: Important Contract Points

Scenario:

You have quit your job with Baltimore Aroma and gone to work for a new company.

You work for a toy manufacturer in Maryland.  Your company manufactures a toy called the Woogle, which is a battery-operated, mouse-like mechanical device that moves about and makes strange noises.  Your boss has attended a trade fair in New York, where a toy importer in Germany expressed an interest in purchasing 10,000 Woogles.   Your boss calls you into his office.  He gives you a copy of an email from the German importer.  It says:  ‘This will confirm our agreement to purchase 10,000 Woogles from you for $1 per Woogle.’

Your boss is very excited.  This is the first international sale of the Woogle.  He hopes that the toy will catch on in Europe and that more sales will follow.  He is going to meet with the company's lawyers to discuss drafting a contract for this sale.  He wants your help.

For this assignment:

1.  Draft a memorandum to your boss that will explain to him the most important points for him to discuss with the lawyers in discussing the contract to be drafted between your employer and the German buyer.

2.  In your memorandum, be sure to give a heading for each major area of law that should be addressed in discussions with the lawyer,  the reasons why it is important, and the questions, if any, that your boss should ask the lawyers.

3.  Review what we have studied thus  far and rank according to order of importance the Issues that you feel are important to discuss with the lawyer in drafting a formal agreement.

 

The finished document should contain in basic form all the points that needed to be covered and display a basic facility for structuring an international sale of goods and that covers in a clear and concise manner the most important points to include in a contract for the international sale of goods.

You are not giving legal advice - your company's lawyer will do that.  But you want your boss to have a basic understanding of how a contract for the international sale of goods should/could be structured, how payment will be arranged, how the goods will be transported, how risk should/could be allocated between the parties,  how any disputes that might arise should/could be handled, and any other points you think are important for the parties to agree before formally setting these terms forth in a written contract.

In other words, this memorandum gives you the opportunity to display pretty much everything you've learned in this course - in the form of a concise memorandum (2-3 pages) to your boss.  Edit, edit, edit.  

Topics Covered this Semester - must site legal sources in paper

  1. International Business Law - what is it?
  2. Battle of the forms - rules of UCC and CISG
  3. Letter of Credit - why it is used for International Business Transactions / what risks are addressed?
  4. Risks of International  Transport and what rules of UCC, CISG and others help to mitigate risk
  5. Why is Arbitration the preferred method for international business transactions?  Risks of bypassing or using litigation versus arbitration.
  6. Effective writing for international business transactions

 

 

Subject Law
Due By (Pacific Time) 07/14/2013 01:00 pm
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy