Part I Introduction
  Chapter 1 The Legal Environment of International Business
    1.1 International Business and Globalization
    1.2 History of International Business Law
    Exhibit 1-1: Outline of the Uruguay Round Final Act
    1.3 Sources of International Business Law
      A. International Treaties and Conventions
      B. International Business Customs and Usages
      C. National Laws
      D. Other Sources
    1.4 Comparison of Legal Systems
      A. The Romano-Germanic Civil Law System
      B. The Anglo-American Common Law System
    1.5 The Role of International Organizations in International Business
    Exhibit 1-2: The Structure of the WTO
  Chapter Summary
Part II Law of Business Organizations
  Chapter 2 Sole Proprietorships
    2.1 Advantages and Disadvantages of Sole Proprietorship
    2.2 The Law Governing Sole Proprietorships
  Chapter 3 Partnerships
    3.1 Forms of Partnerships
    3.2 Partnership Formation
    Exhibit 3-1: A Sample Partnership
    3.3 Partnership Operation
    Case 3-1: Helpinstill V. Regions Bank
    3.4 Partnership Termination
  Chapter 4 Corporations
    4.1 Nature of Corporations
    4.2 Classification of Corporations
    4.3 Corporate Formation
    4.4 Disregarding the Corporate Entity
    Case 4-1: Salomon V. Salomon & Co, Ltd.
    Case 4-2: Hoskins Chevrolet, INC. V. Hochberg (1998)
    4.5 Corporate Management
      A. Corporate Management Institutions
      B. Corporate Management Personnel
    4.6 Merger, Consolidation and Dissolution of Corporations
    Chapter Summary
Part III Law of International Sale of Goods
  Chapter 5 Contract for International Sale of Goods (I)
    5.1 What Is a Contract?
    5.2 Classification of Contracts
    5.3 Essential Elements of a Valid Contract
    5.4 Rules Governing International Sale of Goods
      A. United Nations Convention on Contracts for the International Sale of Goods
      B. National Laws
      C. Principles of International Commercial Contracts
      D. International Customs and Usages: Incoterms
    Exhibit 5-1: Division of Incoterms 2010 (Mode of Transport)
    Exhibit 5-2: Division of Incoterms 2020 (Mode of Transport)
    Exhibit 5-3: Obligations and Charges of the Seller and the Buyer under Incoterms 2020
    Chapter Summary
  Chapter 6 Contract for International Sale of Goods (II)
    6.1 The Sphere of Application of the CISG
      A. Three Requirements for the Application of the CISG
      B. Choice of Law Clauses
    Case 6-1: American Biophysics Corp. V. Dubois Marine Specialties
      C. Sales Excluded from the CISG
      D. Contractual Issues Excluded from the CISG
    6.2 General Provisions for Interpretation of the CISG
    6.3 Contract Formation
      A. The Offer
      B. The Acceptance
      C. Battle of the Forms
    6.4 Seller’s Obligations
      A. Obligations of Delivery
      B. Obligations of Quality of the Goods
      C. Obligations of Property Issues
    6.5 Buyer’s Obligations
      A. Obligations of Payment
      B. Obligations of Inspection and Notice of Defects
    6.6 Risk of Loss
    6.7 Excused Performance
    6.8 Remedies for Breach of Contract
      A. Suspension of Performance
      B. Avoidance of a Contract
      C. Damages
    Case 6-2: Hadley V. Baxendale (1854)
      D. Specific Performance
      E. Other Remedies Available under the CISG
    Chapter Summary
  Chapter 7 International Carriage of Goods
    7.1 Carriage of Goods by Sea
      A. Bills of Lading
        Fundamentals of Bills of Lading
        International Conventions Governing Bills of Lading
        Carriers Duties and Immunities under a Bill of Lading
        Other Questions
      B. Charterparties
    7.2 Carriage of Goods by Air
      A. The Warsaw Convention
      B. The Montreal Convention 1999
    7.3 Carriage of Goods by Road and Rail
    7.4 Multimodal Carriage of Goods
    7.5 Marine Cargo Insurance
      A. Types of Losses
      B. Types of Marine Insurance Policies
      C. Types of Coverage
    Chapter Summary
  Chapter 8 Payment in International Sale of Goods
    8.1 Modes of International Payment
    8.2 Fundamentals of Negotiable Instruments
    Exhibit 8-1: A Sample of Draft
    Exhibit 8-2: A Sample of Check
    Exhibit 8-3: A Sample of Promissory Note
    8.3 Bill of Exchange
      A. Laws Governing the Bill of Exchange
      B. Brief Requirements of the Bill of Exchange
      C. Negotiation of the Bill of Exchange
    8.4 Documentary Letters of Credit
      A. Overview
      B. The Governing Rules: UCP 600
      C. Basic Legal Principles
        The Principle of Independence
    Case 8-1: Sztejn V. Henry Schroder Banking Corporation
        The Rule of Strict Compliance
    8.5 Standby Letters of Credit
    Chapter Summary
Part IV Law of International Intellectual Property Rights
  Chapter 9 International Transfer of Intellectual Property
    9.1 Fundamentals of Intellectual Property Rights
      A. Copyrights
      B. Patents
      C. Trademarks
      D. Know-how or Trade Secrets
    9.2 International Intellectual Property Organizations and Treaties
    9.3 Regulations on International Licensing
      A. Typical Terms in International Licensing Agreements
      B. Restrictive Business Practices in International Licensing
        Price Fixing
        Non-competition Clauses
        Challenges to Validity
        Tying Clauses
        Grant-Back Provisions
      C. Rules Regulating the Anti-competitive Aspects of International Licensing
      D. Compulsory Licenses
    9.4 Regulations of International Franchising
    Case 9-1: Dayan V. McDonald’s Corp.
    Chapter Summary
Part V Law of International Commercial Disputes Resolution
  Chapter 10 Settlement of International Commercial Disputes
    10.1 Methods of International Commercial Dispute Settlement
    10.2 Settlement of Commercial Disputes through Arbitration
      A. Overview of Arbitration and International Commercial Arbitration
        Understanding Arbitration and International Commercial Arbitration
        Types of International Commercial Arbitration
        Advantages of International Commercial Arbitration
        Disadvantages of International Commercial Arbitration
      B. Arbitration Clauses
        Form of Arbitration Clauses
        Validity of Arbitration Clauses
    Case 10-1: Scherk V. Alberto-Culver Co.
        Drafting Arbitration Clauses
      C. International Commercial Arbitration Procedure
        Appointment of Arbitrators
        Arbitration Proceedings
      D. Enforcement of Arbitral Awards: New York Convention
      E. Enforcement of Foreign Arbitral Awards in the People’s Republic of China
    10.3 Settlement of Commercial Disputes Involving States through Arbitration
      A. International Center for the Settlement of Investment Disputes (ICSID)
      B. Dispute Settlement in WTO
    10.4 Settlement of Commercial Disputes through Litigation
      A. Jurisdiction
      B. Choosing the Governing Law
      C. Proving Foreign Law
      D. Recognizing and Enforcing Foreign Judgment
    Chapter Summary
  List of Legal Terms