NALSAR UNIVERSITY OF LAW HYDERABAD

Course Sem. /Year Subject Instructor Center Coordinator Academic Year : : : : : : LL.M III Semester; II Year International Business and Commercial Laws (Optional) Dr. Shaik Nazim Ahmed Shafi Prof. (Dr.) V. Balakista Reddy 2013-14

Module-1

International Business: An Overview

Evolution of International Business and Drivers of Globalization; Influences of International Business and Stages of Internationalization; Difference between Domestic Business and International Business; International Business Approaches and Modes of Entry; Goals of International Business and Advantages/Problems of International Business;

Module-2

Modes of Entering International Business

Introduction; Modes of Entry: Exporting; Licensing; Franchising; Contract Manufacturing; Management Contracts; Turnkey Projects; Assembly Operations; Integrated Local Production Operations; Fully Owned Manufacturing; Foreign Direct Investment; Alliances (Mergers, Acquisitions, Joint Ventures); Comparison of Different Modes of Entry; Functional Alliances; Managing Conflict Situations; Break-up of Alliances; Foreign Direct Investment: Meaning; International Investment Theories; Factors Influencing FDI; Reasons for FDI; Costs and Benefits of FDI;Trends in FDI; FDI in India; Globalization: Integrated Globalization; Emerging Global Economy; Drivers of Economic Globalization; Globalization of Markets; Globalization of Production; Globalization of Investment; Globalization of Technology; Globalization Debate;

Advantages and Disadvantages; Globalization: Policy Issues; Globalization and India

Module-3

Multinational Corporations:
Definitions and Concepts; Factors that contributed for the growth of MNCs; Advantages and Disadvantages; Control over MNCs; Organizational Structure of MNCs; Relationship between Headquarters and Subsidiaries; MNCs in India; The Indianization of transnational

Module-4

International Commercial Law System

Public International Law (Definition, Scope, Basic Principles); Private International Law (Definition and Scope); Role of the State in establishing the Commercial Framework; Contract Fundamentals in International Legal Systems (Common Law, Civil Law, Islamic Law and Communist Law Role of Business in establishing Private Agreements as to Rules of the Transaction or Relationship CISG: Convention on International Sale of Goods; UNIDROIT Principles on International Commercial Contract and ICC: International Chamber of Commerce)

International Contracts: General Regime

Introduction The Rome I Regulation Electronic Contract

International Sale of Goods

Introduction The Vienna Convention on the International Sale of Goods 1980 Counter Trade INCOTERMS 2010

Other International Contracts

International Insurance Contracts International Distribution Agreements International Contracts Related to Intellectual Property Rights

International Insolvency Procedure

Introduction International Jurisdiction Applicable Law Recognition and Enforcement of Foreign Judgments

Dispute Resolution in International Commerce

Introduction Civil Jurisdiction ADR: International Commercial Arbitration

Module-5

Drafting of International Contracts:

The Role of Contracts in International Commerce Issues Affecting International Contracts Parties to the Transaction (Part-1) Drafting the International Contract for Sale of Goods (Implied Terms) Trade Terms and INCO Terms Parties to the Transaction (Part-2) Drafting Precise Contract Provisions Parties to the Transaction (Part-3) Validity of the Contracts Locally Contract Fundamentals in International Legal System Offer to Sell Goods Memorandum of Sale Purchase Order Conditional Contract of Sale Consulting Contract Sales Representative Contract Franchise Agreement Distribution Agreement Consignment Agreement Licensing Contract