This is a specialized contract law course covering various legal mechanisms to distribute goods and services, including the ICC Incoterms, the contract of carriage of goods by sea and the various payment mechanisms in international trade. The regulation of international trade agreements by the UN Convention on the International Sale of Goods will be addressed, along with the contracts used for the marketing of goods. The course will cover also various financial instruments and agreements involving banks, namely the term loan, the negative pledge, syndicated lending, securitisation and derivatives.

CILO-1: Students will be able to identify the major principles and rules of the international legal instruments in the field of international commerce: United Nations Convention on Contracts for the International Sale of Goods and INCOTERMS. CILO-2: Students will be able to assess legal risks associated with usage of foreign law and international legal instruments in international commerce. CILO-3: Students will be able to demonstrate the relationships between various parts of a commercial contract. CILO-4: Students will be able to interpret the contents of commercial contracts and applicable contract law rules stemming from national laws and international legal instruments.