Anglo-American University in Prague International Business Law and Transactions
| Course Name | International Business Law and Transactions |
| Course Code | LEG200 |
| Description | The course is focused on a discussion of legal aspects of International Business. Companies operate internationally through arm’s length transactions (import and export transactions), foreign direct investment and “third ways” (franchising and licensing). Each of these operational methods present legal challenges and these challenges are studied in this course. This course will provide students with a basic understanding of the legal issues involved in international business: International traders (importers, exporters) need to consider contractual matters such as terms of delivery, shift of risk, and payment guarantees. Foreign investors need to consider matters such as risks of expropriation and limitation of repatriation of profits, and the risk of double taxation. Companies operating through franchising and licensing need to consider matters such as the protection of their trademarks and of their intellectual property. In order to provide students with a solid understanding of how these concerns are addressed, this course will focus on various international legal instruments (ex. INCOTERMS, International Treaties, Bilateral Investment Agreements), regulating these crucial aspects of International Business. Case studies and guest lectures will provide real life examples and allow for practical analysis and problem-solving. After completing this course, students should have a solid understanding of the issues arising in international business and how companies and business people should prepare to handle these issues. |
| Learning Outcomes | Upon completion of this course, students should be able to understand: – Choice of Forum and of the relevant legislation; – Alternative Dispute Resolutions; – Payment Guarantees (i.e. Bill of Exchange, Letter of Credit); – Relevant legislation governing exchange of services; – Relevant legislation governing exchange of goods; – Bilateral and multilateral investment treaties; – Regulation of movement of capital; – WTO rules; – Protection of Intellectual Property; – Capacity to identify a topic; – Capacity to research on a topic. |
| School | John H. Carey II School of Law |
| Level | Bachelor |
| Number of credits (US / ECTS) | 3 US / 6 ECTS |