Bus 430 complete class( international business law)

1. BUS 430 Complete Class(
International Business Law)
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BUS 430 Complete Class(
International Business Law)
BUS 430 Week 1 Individual Assignment Comparative Law Worksheet
Use the worksheet on the student Web site to compare the three major types of law,
Civil, Common, and Islamic. Your responses must provide 1 or more origins for the type
of law, 5 or more regions in which that type of law is practiced, and a 30-50 word
summary of the characteristics of that type of law.
Week 1 DQ1
What are some differences when doing business internationally opposed to
domestically? How do international business risks differ from domestic business risk?
What factors influence these risks?
Week 1 DQ2

2. Why do corporations need to be concerned with human rights issues when conducting
business internationally? Who are corporations accountable to – the government of
their home country, the host country, investors, or the public? What is the rationale for
your answer?
BUS 430 Week 2 Individual Assignment International Law Memo
Prepare a 700- to 1,050-word training memo addressing the following (or you may also
write in standard APA essay format):
 Describe the components of international business.
o Trade
o Licensing agreements and intellectual property rights
o Foreign direct investment
o Managing risk
 Summarize principles of international law.
o International law
o General concepts
o International organizations
o Social responsibility and corporate code of conduct
Week 2 DQ1
What is the Conventions on Contracts for the International Sale of Goods (CISG)? What
is the Uniform Commercial Code (UCC)? In what ways is the coverage of the CISG and
the UCC similar or different? Explain your answer.
Week 2 DQ2
You work for an international furniture company. Your company has customers in
England, Mexico, Guatemala, and China. How would you evaluate the credit worthiness

3. of firms in these countries? How does the credit risk differ between these countries?
Would you sell to a company in these countries without a letter of credit? Explain why
or why not.
BUS 430 Week 3 Learning Team Assignment Case Study Presentation
Review the international banking or trade finances case studies on the student Web
page. Read and discuss the points below as a group.
o When is the CSIG applicable?
o What makes a contract valid?
o How was the contract formed?
o What are the performance requirements for the seller?
o What are the remedies for breach of contract as outlined in the CSIG?
o How may a party’s performance in a contract be excused?
 Prepare an 8- to 10-slide PowerPoint® presentation.
 Choose a case from the University Library.
 Present the details of the case study including, the contract, how it was
breached, the resolution, and the Learning Team’s opinion of the resolution.
· Use legal aspects of trade finance and international banking from your text or an
outside, peer-reviewed journal article.
· Include detailed speaker notes with your presentation.
Week 3 DQ1
What are the basic principles of the General Agreement on Tariffs and Trade (GATT)?
What are the basic principles behind the World Trade Organization (WTO)? In what
ways are GATT and the WTO similar or different? How do the WTO and GATT settle
disputes? Provide examples.
Week 3 DQ2
Ressorp, Inc. in Japan agreed to sell 700 television sets to Reardon, a wholesaler, in
the United States for US$ 144,417.00. Ressorp, Inc. and Reardon expressly agreed that
Reardon would not pay for the television sets until Reardon both received and sold the

4. merchandise in the United States. They also agreed that the merchandise would be
shipped CPT Portstown in the United States and that Incoterms 2010 would govern.
Ressorp, Inc. arranged to ship the goods with Oceanic Carriers, whose place of business
is located in Beachtown, Japan. Ressorp, Inc. loaded the goods from its warehouse into
a trailer and delivered the trailer to Oceanic’s freight depot in Beachtown. Several days
later, the trailer was discovered to be missing and then it was found abandoned and
empty. Reardon, the buyer, then sued Oceanic Carriers. The carrier challenged
Reardon’s standing (right) to sue claiming that the original contract said Reardon had
no liability to pay for the merchandise until after it was received and sold by Reardon.
Therefore, Oceanic Carriers argued, it was the seller, Ressorp, Inc. who should have
brought the suit, not Reardon. Is Oceanic correct? Explain why or why not.
Week 3 DQ3
The Jolly Canning Co. in Hawaii agreed to sell 10,000 cases of canned green beans to
the Merry Produce Co. in New York. The terms were FOB Bigport in Hawaii. The parties
agreed that the governing rules were Incoterms 2010. Jolly, by mistake, delivered
10,000 cases of canned corn to the carrier in Bigport. Moreover, the bill of lading clearly
stated that goods were canned corn. While the goods were in transit, they were
damaged by seawater because of the carrier’s negligence. Jolly sues the carrier, but the
carrier challenges Jolly’s standing (right) to sue. The carrier claims that the risk of loss
had passed to Merry Produce (the consignee on the bill of lading) as soon as the goods
had passed the ship’s rail. Is the carrier correct? Should Jolly’s suit be dismissed?
Explain why or why not.
BUS 430 Week 4 Individual Assignment GATT and WTO Paper
The General Agreement on Tariffs and Trade or GATT was created in 1947 and provides
the basis for most multilateral trade negotiations for reducing trade barriers. Since
1947, GATT has provided the rules for international trade and a forum for international
trade disputes. In 1994, a new trade agreement was reached, known as the General
Agreement on Tariffs and Trade. This created a new GATT trade agreement, which
enhanced the role of international law in regulating trade and created the World Trade
Organization (WTO).
Write a 1,050 -to 1,400-word paper addressing the following:
 Summarize GATT law and the WTO.
o Why is it important to regulate imports?

5. o What are nontariff barriers to trade
o How do these nontariff trade barriers affect management decisions?
o What is GATT?
o What is the primary function of the World Trade Organization (WTO)
o How do parties settle trade disputes through GATT and the WTO?
 Explain the liability of international carriers for
o air carriers.
o sea carriers.
o ocean intermediaries.
Week 4 DQ1
Describe the benefits and detriments of the EU and U. S. rules regarding jurisdiction
and forum in privately enforced competition laws. What are the advantages and
disadvantages, from the perspective of competition law, in having a wholly foreign
subsidiary in Europe?
Week 4 DQ2
Are the actions undertaken by the companies or individuals in the following scenarios
legal or illegal pursuant to U. S. law? Please explain each of your answers.
1. A wire transfer of $200,000 to the Minister of Contracting of Gambia made by
Bordeaux Builders, Inc., a French corporation, and originating from its corporate
headquarters in New York in order to secure a construction contract,
2. A birthday card and bottle of Californian wine sent annually by Woody Pulp,
the chief executive officer of Pacific Paper Products, Inc., a U. S. corporation, to his
long-standing friend who is the Director of Government Procurement for the
Japanese government.
3. A cash payment of $100 made by an agent of Chicago Chemicals Co., a U. S.
corporation, to a processing clerk in the Chilean Office of Business Licensing in order
to expedite consideration of CCC’s application for authority to conduct business
operations in Chile,

6. 4. A cash payment of $250,000 made by Durdy Coal, Inc., a U. S. corporation, to
DCI’s agent with the instruction, “put this to good use on DCI’s behalf,” which in
turn is paid to the State Importation Officer of the People’s Republic of China in
order to secure a Chinese import license
BUS 430 Week 5 Individual Assignment Natural Gas Case Study
The convention on Contracts for the International Sale of Goods (CSIG) provides a
framework for general standards of performance for the buyer and the seller. The buyer
and the seller are entitled to receive what they expect from a contract. If either party
fails to deliver as expected, they are in breach of contract. The possibility of a breach of
contract creates a risk in any transaction.
 Read case 10-5, The Natural Gas Case, in International Business Law. In 700 to
1,050 words address the following:
 Summarize the facts of the case.
o What is at risk for the seller, for the buyer, and in general?
o What was the outcome?
 Provide an explanation of the issues in the case using international law.
o Had the buyer breached by not obtaining the letter of credit?
o Had the seller breached?
o Was the contract avoided?
o Was the buyer entitled to lost profits?
o Had the buyer failed to mitigate?
o How may these risks be minimized?
BUS 430 Week 5 Learning Team Assignment Riordan Manufacturing Analysis
Choose Riordan Manufacturing and review the company information. Provide a 1,050-
to 1,400-word analysis of the regulatory measures Riordan Manufacturing must be
aware of for doing business in China. In your analysis, explain what each of the
following is and how Riordan Manufacturing may ensure they are compliant with each.
o Unfair import laws

7. o Foreign Corrupt Practices Act (FCPA) of 1977
o Patents, trademarks, and intellectual property
o Environmental regulations
Summarize the political risks of operating a manufacturing company in China.
· Outline the possibilities for foreign investments and securities.