BUS 378 International Business Law
This course occupied total 3 Credits, This BUS 378 International Business Law course focuses on the legal environment associated with international commercial transactions, with involving an analysis of major Western & non-Western legal traditions and the supranational law of the European Community, formation, enforcement, a detailed analysis of the negotiation, and financing of international sales contracts, analysis of methods of regulating global competition, an analysis of international trade regulation, and of the protection of business property rights in international transactions.
Business today is truly international. International trade has existed since times immemorial. With increasing complications in international trade, a desire for a uniform code for controlling these transactions was surely felt. In the present economy, international trade is more important due to which domestic and foreign politics play their role in conducting transnational business are examined in a BUS 378 International Business Law studies.
When parties from different countries get involved in a contract, they are ruled by international contract law unless they agree to abide by the laws of one of the states. In a BUS 378 international Business Law study we learn where the branch of private international law is International contract law. This law is applied as an international sales law.
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