LAW 9740

International Business and Law

Students learn to conduct business internationally. The course starts with the structure and risk allocation in a basic international commercial purchase and sale. From there, the course expands into services contracts and then technology transfers. Students learn to use customary contract terms and understand how these terms define obligations and allocate risk. In the second part of the course, students learn to apply for and use a Letter of Credit, how to use Letters of Credit to manage transactional risk, and how to employ the banking system to finance and facilitate international transactions. In the third course segment, students learn concepts of jurisdiction and conflict of laws. The course dives deeply into application of U.S. regulatory law to foreign businesses and foreign law to U.S. businesses. The course shows students how nations and courts encounter and decide weighty subjects involving, among other things, conflicting sovereignty and regulatory jurisdiction. Students learn to evaluate which country’s laws and regulations govern a multinational business’ transactions.
The students read famous and important cases written by legendary judges, including Holmes, Cardozo, Hand, Mansfield, and Scalia. These cases teach the students about contracts, law, history, economics, business, banking, and global regulation. The course employs a specialized law-school style casebook available without cost on Brightspace.

Graduate Non-Liberal Arts