The field of international commercial law has gained importance due to the
increasing globalization of economies and international commerce in the last
decades.
This book covers the most important legal issues when conducting business
abroad. The legal environment of the business transactions is the central
theme of the first part. The political and policy risks of doing business abroad
are explained, as well as how they should be mitigated. The first part also covers
European law with a focus on the four freedoms and competition law. It ends
with strategies for entering foreign markets.
The second part of the book focuses on the individual contract of sale. This
part of the book deals with a range of subjects, including general conditions of
sale, retention of title, the CISG, product safety and product liability, Incoterms,
contract of carriage, jurisdiction, choice of law and arbitration, standard contract
clauses and payment conditions.
This book takes a practical approach and uses specific examples to systematically
explain the main legal problems arising from selling products in foreign
countries.
It is meant to be used as a textbook for business students and for introductory
courses in law schools. No previous in-depth knowledge of law is necessary to
use this book. It contains more than 100 multiple choice questions and 70 cases,
giving students the possibility to apply the knowledge acquired in a chapter to
real situations.
The book does not pretend to be exhaustive in scope: the field of international
commercial law in particular is vast, and has many different angles. However,
it does try to explain the main pitfalls of doing business in foreign countries and
how to avoid them.