Chapter 1 Introduction to International Commercial Law
    1 Risks in International Commercial Transactions
    2 Definition of International Commercial Law
    3 History of International Commercial Law
    4 Sources of International Commercial Law
Section 1 International Sale of Goods
  Chapter 2 Introduction to International Sales Law
    1 Definition of International Sales Contract
    2 Form of Contract
    3 Law Applicable to International Sales Contract: CISG
    4 Sphere of Application of the CISG
    5 Exceptions to Application of CISG
  Chapter 3 Sales Contract Formation
    1 Offer
    2 Acceptance
  Chapter 4 Obligations of the Parties to International Sales Contract
    1 Seller’s Obligations
    2 Buyer’s Obligations
  Chapter 5 Passing of Risk and Property
    1 Passing of Risk
    2 Passing of Property
  Chapter 6 Breach of International Sales Contract
    1 Definition and Types of Breach
    2 Fundamental Breach
    3 Anticipatory Breach
  Chapter 7 Remedies for the Breach of International Sales Contract
    1 Remedies for Breach: an Overview
    2 Remedies Unique to the Buyer
    3 Remedies Unique to the Seller
    4 Remedies Available to Both Buyer and Seller
    5 Excuses for Breach
Section 2 Carriage of Goods by Sea
  Chapter 8 Introduction to Carriage of Goods by Sea
    1 Definition & Types of Contracts of Carriage by Sea
    2 Charterparty
  Chapter 9 Bills of Lading
    1 Definition & History of Bills of Lading
    2 Law Applicable to Bills of Lading
    3 Issuance & Contents of Bills of Lading
    4 Characteristics of Bills of Lading
    5 Classification of Bills of Lading
  Chapter 10 Carrier’s Duties and Liabilities under Bill of Lading
    1 Carrier’s Duties
    2 Carrier’s Liability Period
    3 Carrier’s Immunities
    4 Carrier’s Limit of Liability
Section 3 Letters of Credit
  Chapter 11 Introduction to Letter of Credit
    1 Definition of Letter of Credit
    2 Advantages and Disadvantages of Letter of Credit
    3 Law Applicable to Letter of Credit
    4 Parties to the Credit Transaction and Their Obligations
    5 Types of Letter of Credit
  Chapter 12 Issuance, Advice and Amendment
    1 Issuance of Letter of Credit
    2 Advice of Letter of Credit
    3 Amendment to Letter of Credit
  Chapter 13 Presentation, Examination and Honor
    1 Time Limitation for Presentation
    2 Place for Presentation
    3 Standard for Examination
    4 Time Limitation for Examination
    5 Obligations Triggered by Complying Presentation
  Chapter 14 Preclusion Rule
    1 Preclusion Rule: An Overview
    2 Rationales for the Preclusion Rule
    3 Notice of Refusal
    4 Return of Documents Dishonored
    5 Exceptions to the Preclusion Rule
    6 Beneficiary’s Options upon Dishonor
  Chapter 15 Fundamental Principles of Letters of Credit
    1 Principle of Independence
    2 Principle of Strict Compliance
  Chapter 16 Letter of Credit Fraud and Fraud Exception
    1 Letter of Credit Fraud
    2 Fraud Exception
    3 Recourse of the Applicant in Case of Fraud
List of Terms
Selected Bibliography