國際商法英語教案

國際商法英語教案LectureNotesforInternationalbusinesslaw

發(fā)表時間：2007-6-77:13:00閱讀數次：1467

LectureNotesforInternationalbusinesslaw

(國際商法雙語教案)

Lecturer:Lihao

(李昊)

(TheDepartmentofPoliticandLaw,BaojiUniversityofArtsandSciences)

BriefContents

ChapterOneIntroductiontoInternationalBusinessLawChapterTwoFormsofInternationalBusiness

ChapterThreeLegalSystemofInternationalBusiness

ChapterFourContractLawfortheInternationalSaleofGoods

ChapterFiveContractLawfortheInternationalSaleofGoods(continued)

ChapterSixCarriageofGoodsbySeaandMarineCargo

Insurance

ChapterSevenFinanceofInternationalTrade

ChapterEightPartnershipLaw

ChapterNineTheLawofCorporations

ChapterTenLawofForeignInvestmentEnterprisesofChinaChapterElevenIntellectualPropertyRightLaw

ChapterTwelveGATTandWTOLaw

ChapterThirteenTheLawofAgency

ChapterFourteenInternationalCommercialDisputeSettlement

【Title】ChapterOneIntroductiontoInternationalBusinessLaw

【Teachinggoal】Throughthischapterstudying,wecanunderstandtheconcept,historyandsourcesofinternationalbusiness

law,grasptheknowledgeaboutinternationalorganizationsandComparisonofMunicipalLegalSystems.

【Keypoint】1.HistoryofInternationalBusinessLaw.2.SourcesofInternationalBusinessLaw.3.InternationalOrganizations.

4.ComparisonofMunicipalLegalSystems

【Teachingmethod】Impartinganddiscussing

【Content】

I.WhatisInternationalBusinessLaw?

II.HistoryofInternationalBusinessLaw

III.SourcesofInternationalBusinessLaw

A.NationalLaw

B.InternationalTreatiesandConventions

C.InternationalModelLaw

D.InternationalTradeCustomsandUsages

IV.InternationalOrganizations

A.OrganizationsAffiliatedwiththeUnitedNations

B.OtherInternationalOrganizations

V.ComparisonofMunicipalLegalSystems

A.TheRoman-GermanicCivilLawSystem

B.TheAnglo-AmericanCommonLawSystem

VI.InternationalBusinessLawandChina

【Studyingquestion】

1.Whatismeantbytheterm‘InternationalModelLaw’?Brieflylistthreeofitsmainfeatures.

2.Explaininternationaltreaties,usingtwoexamples.

3.Outlinethreecircumstancesinwhichinternationaltradecustomsandusagesareeffectivetothepartiestoacontract.

4.CompareandcontrasttheRoman-GermanicCivilLawSystemandtheAnglo-AmericanCommonLawSystem.

5.BrieflydescribehowandwhyChinacametoacceptinternationalbusinesslaw.

6.TheCISGcontainsnoprovisionsthatacontractforthesaleofgoodsbesupportedbyconsideration.Further,theCISGdoesnot

addressquestionsrelatedtothevalidityofthecontract,includinglegality,mistake,fraud,duress,orundueinfluence.HowwillnationalcourtshandletheseissuesincasesthattheymightbecalledupontodecideundertheCISG?Incommonlawcountries?Incivillawcountries?HowhasthisbeenaddressedbycourtsinChina?

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterTwoFormsofInternationalBusiness

【Teachinggoal】Throughthischapterstudying,wecanunderstandsomeinternationaltradetheories,grasptheknowledgeaboutexporting,governmentcontrolsovertradeandinternationallicensingagreement.

【Keypoint】1.Someinternationaltradetheories

.2.Governmentcontrolsovertrade.

【Teachingmethod】Impartinganddiscussing

【Content】

I.SomeInternationalTradeTheories

A.Specialization

B.AbsoluteAdvantage

C.ComparativeAdvantage

D.OpportunityCost

II.Exporting

A.DirectExporting

B.IndirectExporting

III.GovernmentControlsoverTrade

A.Tariffs

B.NontariffBarrierstoTrade

C.ExportRestrictions

IV.InternationalLicensingAgreement

A.TechnologyTransfer

B.InternationalFranchising

【Studyingquestion】

1.Brieflydescribe,givingtwoexamples,howcomparativeadvantageisappliedtopromoteinternationaleconomics.

2.Explainthedifferencesbetweencomparativeadvantageandabsoluteadvantage,givingthreeexamples.

3.Define‘opportunitycost’andidentifyitsmainfeatures.

4.Outlinethreereasonswhyastateimposestariffs.

5.Listandexplainthreebasicformsofinternationalbusiness.

6.Whatindustriesinyourprovincearetheleadingexporters?Whoaretheleadingexportfirms?Whatdoyouthinkistheimpactofexportsonyourprovinceseconomy?Whatroledoesyourprovincialgovernmentplayinpromotingexports?

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterThreeLegalSystemofInternationalBusiness

【Teachinggoal】Throughthischapterstudying,wecanunderstandthelegalsystemofinternationalbusiness,grasptheknowledgeaboutUnitedNationsConventiononContractsfortheInternationalSaleofGoods(CISG),UNIDROITPrinciplesofInternationalCommercialContracts(PICC)andInternationalRulesfortheInterpretationofTradeTerms(Incoterms).

【Keypoint】1.CISG<聯(lián)合國國際貨物銷售合同公約>

.2.Incoterms2000<國際貿易術語解釋通則>

.

【Teachingmethod】Impartinganddiscussing

【Content】

I.UnitedNationsConventiononContractsfortheInternationalSaleofGoods(CISG)

A.TheDevelopmentofInternationalBusinessLaw

B.TheDraftingoftheCISG

C.ApplicabilityoftheCISG

D.InterpretingoftheCISG

Case3—1Rafflesv.WichelhausandAnother

II.UNIDROITPrinciplesofInternationalCommercialContracts(PICC)

A.OriginandPreparationoftheUNIDROITPICC

B.StructureandScopeoftheUNIDROITPICC

C.GeneralPrinciplesoftheUNIDROITPICC

D.ThepurposesoftheUNIDROITPICC

E.ComparisonoftheUNIDROITPICCandCISG

III.InternationalRulesfortheInterpretationofTradeTerms

A.ConceptandRoleofTradeTerms

B.ContentsofIncoterms2000

C.FOB(freeonhoard)(portofshipment)

D.CIF(cost,insuranceandfreight)(portofdestination)E.ModificationofTradeTerms

Case3—2KumarCorporationv.NopalLines,Ltd.

【Studyingquestion】

1.Outlinethreereasonsthathelpedtheinternationalbusinesslawdevelop,givingexamplesifpossible.

2.UnderwhatcircumstancesarisetheconflictsbetweentheapplicabilityoftheCISCandnationallawofaCISGmemberstate?

3.StatethreewaysinwhichtheUNIDROITPICCwasprepared.

4.BrieflydescribethedifferencesandsimilaritiesbetweentheCISGandtheUNIDROITPICC.

5.WhatarethemainprinciplesoftheUNIDROITPICC?

6.Howis‘tradeterm’definedundertheIncoterm2000?

7.Listandexplaintherolesoftradetermsininternationaltradepractices.

8.Compareandcontrast‘FOB’and‘GIF’,andlistthemaindifferencesbetweenthem.

9.Selleragreedtoship10,000tonsofpotatoesFOBTacoma,Washington,toBuyerinJapan.BuyerdesignatedtheSSRussettotakedeliveryatpier7inTacoma.Ontheagreeddatefordelivery,Sellerdeliveredthepotatoestopier7,buttheshipwasnotatthepier.Becauseanothershipusingthepierwasslowinloading,theRussethadtoanchoratamooringbuoyintheharborandSellerhadtoarrangeforalightertotransportthepotatoesincontainerstotheship.ThelightertiedupalongsidetheRussetandacablefromtheship’sboomwasattachedtothefirstcontainer.Asthecontainerbegantocrosstheship’srailthecablesnapped.Thecontainerthenfellontherail,teeteredbackandforthforawhile,andfinallycrasheddownthesideoftheshipandcapsizedthelighter.Allofthepotatoesweredumpedintothesea.BuyernowsuesSellerforfailuretomakedelivery.IsSellerliable?

10.BuyerandsellerenteredintoacontractforthesaleofsugarfromthePhilippinestoNewYorkonGIFterms.Theyaddedlanguagetothecontractthatdeliverywastobe"atacustomarysafewharforrefineryatNewYork,Philadelphia,orBaltimoretobedesignatedbythebuyer."Beforethesugararrived,theUnitedStatesplacedaquotaonsugarimports.Thesugarwasnotallowedtobeimportedandwasplacedinacustomswarehouse.Thebuyerrefusedthedocumentsandthesellersued,claimingthattheimport

restrictionwasnoexcuseforthebuyer’snonpayment.ThebuyerarguedthatthelanguagecallingfordeliverytoaU.S.portconvertedashipmentcontractintoadestinationcontract.WasthisaGIFcontractoradestinationcontract?Whatwastheeffectoftheadditionalshippinglanguageusedbytheparties?Whyshouldthepartiesnotattempttomodifyatradetermoraddotherdeliverylanguage?

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterFourContractLawfortheInternationalSaleofGoods

【Teachinggoal】Throughthischapterstudying,wecanunderstanddefinitionandformofcontract,grasptheknowledgeofInternationalSaleofContracts,includingvalidity,formation,misrepresentation,mistakes,fraudandduress,undueinfluenceandunconscionable(unjust)conductofthecontract.

【Keypoint】1.ValidityandFormationofInternationalSaleofContracts.2.Misrepresentation,FraudandDuress.

【Teachingmethod】Impartinganddiscussing

【Content】

I.DefinitionandFormofContract

A.DefinitionofContract

B.FormofContract

II.ValidityandFormationofInternationalSaleofContracts

A.InvitationOffer

B.TheOffer

C.TheAcceptance

D.BattleoftheForms

Case4—1Filantov.ChilewichInternationalCorporationE.ConsiderationinCommonLaw

Case4—2Hamerv.Sidway

Case4—3Fiegev.BoehmIII.Misrepresentation

A.FraudulentMisrepresentation

B.InnocentMisrepresentation

C.Negligent(innocent)MisrepresentationIV.Mistakes

A.CommonLaw

B.CivilLaw

C.TheUNIDROITPICC

D.ChinaContractLaw

V.Fraud

A.CommonLaw

Case4—4Stambovskyv.Ackley

B.CivilLaw

C.TheUNIDROITPICC

D.ChinaContractLaw

VI.Duress

A.CommonLaw

B.CivilLaw

C.TheUNIDROITPICC

D.ChinaContractLaw

VII.UndueInfluenceandUnconscionable(unjust)Conduct

A.CommonLaw

Case4—5CommercialBankofAustraliaLtd.,v.Amadio

B.CivilLaw

C.TheUNIDROITPICC

D.ChinaContractLaw

【Studyingquestion】

1.Whatismeantbytheterm‘contract’incommonlaw?

2.Explainthedifferencesbetweenanofferandaninvitationoffer,givingexamples.

3.BrieflydescribehowtheCISCattemptstoresolveproblemsof‘battleofforms’.

4.CompareandcontrasttheprovisionsoftheUCCandoftheCISGon‘battleofforms’.

5.Outlinemaintheoriesofthevalidityof‘acceptance’.

6.Outlineanddiscussthedifferencesandsimilaritiesbetweenfraudulentmisrepresentation,innocentmisrepresentation’and‘negligentmisrepresentation’.

7.Givetwoexamplesof‘mistakes’intheUNIDROITPICC.

8.Explainthemaindifferencesbetween‘duress’and‘undueinfluenceandunconscionableconduct’,givingthreeexamples.

9.Identifythekeylegalrulesinvolvedindecidingwhethermistakenidentitywillmakeacontractvoidorvoidable.

10.Julieismovingtoabetterjobinadifferentcityandofferstosellher‘surround-sound’stereosystemtoMarciafor$900.Marciasaysshewillpay$800forit.Juliesaysthatisnotenough.Marciathensaysshewillpaytheoriginalaskingpriceof$900.JuliehassincediscoveredthatsimilarsystemsaresellingforalotmoreandasksyouwhethershehastoselltoMarciafor$900.Whatwould

youradvicetoJuliebe?

11.Stanreturnshomefromworktodiscoverhishousesurroundedbypolice.Hiswifeisbeingheldhostageandthreatenedbyhercaptor.Stanpleadswiththepolicetorescueherandoffers$5,000tothepolicemanwhobringsheruninjuredtosafety.Apoliceofficer,Peter,eventuallytalksthecaptorintoreleasingthewomanhostageandheleadsthewomantosafety.WhenPetergoestocollecthis$5,000,Stansays,‘ThankyouverymuchbutIhavenointentionofpaying.‘WouldPetersucceedinacourtactionagainstStan?

12.Youreadthatmoderncontractlawhasexpandedthecircumstancesunderwhichacontractingpartyhasthedutytodisclosefactsmaterialtothecontract.Keepinmindthatthefactsthatheisrequiredtodisclosewouldalmostalwaysharmhisbargainingposition-otherwise,hewouldhavebeenonlytoohappytohavevolunteeredtheinformation.Whataresomeethicalandpublicpolicyjustificationsforrequiringanindividualtovolunteerinformationthatiscontrarytohisinterests.

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterFiveContractLawfortheInternationalSaleofGoods(continued)

【Teachinggoal】Throughthischapterstudying,wecanunderstandandgraspcommonknowledgeofthecontract,includingtheremediesforbreach,anticipatorybreach,liquidateddamages,obligationsofthesellerandthebuyer,passingofriskandexcusesfornon-performance.

【Keypoint】1.RemediesforBreachofContract.2.AnticipatoryBreachofContractandExceptiononAdimpleti.3.ObligationsoftheSellerandtheBuyer.

【Teachingmethod】Impartinganddiscussing

【Content】

I.RemediesforBreachofContract

A.GeneralPrinciplesofRemedies

Case5—1Prutchv.FordMotorCompany

B.Buyer’sRemedies

C.Seller’sRemedies

D.RemediesAvailabletoBothBuyersandSellers

Case5—2DelchiCarrier,SpAv.RotorexCorporation

II.AnticipatoryBreachofContractandExceptiononAdimpletiContractusinCivilLaw

A.AnticipatoryBreachinCommonLaw

B.ExceptiononAdimpletiContractusinCivilLaw

III.LiquidatedDamages

A.CommonLaw

B.CivilLaw

C.TheUNIDROITPICC

D.ChinaContractLaw

IV.ObligationsoftheSellerandtheBuyer

A.Seller’sObligations

B.Buyer’sObligations

Case5—3TheNaturalGasCase

V.PassingofRisk

A.CommonLaw

B.TheCISG

C.ChinaContractLaw

VI.PassingofProperty

A.CommonLaw

B.TheCISG

C.ChinaContractLaw

VII.ExcusesforNon-performance

A.CommonLaw

Case5—4TransatlanticFinancingCorporationv.States

B.TheUNIDROITPICC

C.TheCISGUnited

D.ForceMajeureClauses

【Studyingquestion】

1.Listandexplain,givingexampleswherepossible,thegeneralprinciplesofremedies.

2.Brieflyoutlinetheremediesofthebuyerandthesellerrespectively.

3.Underwhatcircumstanceswillacourtbereluctanttoawardspecificperformance?Why?

4.Whatcriteriawillbeusedtodetermineifapartyhasbreached?

5.Ifnothingissaidinthecontract,wheremustthesellerdeliverthegoods?Whenmustdeliverybemade?Whereandwhenmustdocumentsoftitlebeturnedover?

6.HowdoesacourtdeterminetheamountofdamagestobeawardedinaccordancewiththeCISG?

7.Outlineanddiscussthedifferencesandsimilaritiesbetween‘anticipatorybreachofcontract’and‘ExceptiononAdimpletiContractus‘.

8.Howis‘fundamentalbreachofcontract’definedintheCISG?Givetwoexamples.

9.Definetheterm‘liquidateddamages’andidentifyitsmainfeatures.

10.WhataretheobligationsofthebuyerandthesellerundertheCISG?

11.Explaintherulesof‘passing°frisk’undertheCISG,givingexamples.

12.Compareandcontrastthe‘excusesfornon-performance’systemsofthecommonlawandcivillaw.

13.A(anAmericancompany)enteredintoacontractwithB(aJapanesecompany).ThecontractprovidedthatAdelivers1,000personalcomputerhousingsbyDecember1toBinTokyo,foratotalpriceof$50,000.OnJuly1,AfaxedBthatduetoariseinpricestheycouldnotdeliverforlessthan$60,000.BrepliedthatitwouldinsistthatAdeliveratthe$50,000price.FromJuly1throughSeptember,Bcouldhaveboughtthehousingsfromothersuppliersfor$55,000forDecember1delivery.OnDecember1,Bcoveredandpurchasedthehousingsfor$64,000fordeliveryonFebruary1.BecauseofthedelayuntilFebruary1Bsufferedadditionaldamages

$2,000.WhatisthemeasureofB’sdamages?WasBunderanydutytomitigatedamages?Whyorwhynot?(theanswersmustbedoneundertheCISG)

14.X(aChinesecompany)concluded,actingasanagentofZ(aChinesefactory),acontractwithY(anAmericancompany)topurchasetenmachines.UponthearrivalofthemachinesinQingdao,thecarrierhandedoverthemachinetoZwhoshowedacertificatebyamunicipalorgan,failingtomakethedeliverytoXwhoheldthebillofladingbut(therelevantbusinessman)wasawayinGuangzhouatameeting.XsuedZfordamages.WhoshouldXsuefordamages?HasthePropertyofthegoodspassedtoZ?Wasthecarrierliableforthedamages?WhatliabilitiesofX?

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterSixCarriageofGoodsbySeaandMarineCargoInsurance

【Teachinggoal】Throughthischapterstudying,wecanunderstandandgraspcommonknowledgeofthecarriageofgoodsbyseaandmarinecargoinsurance,includingthecharterparties,billsoflading,andmarinecargoinsurance.

【Keypoint】1.BillsofLading.2.MarineCargoInsurance.

【Teachingmethod】Impartinganddiscussing

【Content】

I.Charterparties

A.VoyageCharterparties

B.TimeCharterparties

C.CharterpartiesbyDemise

II.BillsofLading

A.LawsofBillsofLading

B.CharacteristicsoftheBillsofLading

C.TransferofPropertyunderABillofLading

D.Carrier’sDutiesunderABillofLading

E.Carrier’sImmunities

F.DelayedBillsofLading

G.FraudsonBillsofLading

III.MarineCargoInsurance

A.MarineInsurancePoliciesandCertificates

B.PerilsandLosses

C.InsuranceCover

【Studyingquestion】

1.OutlineanddiscussthemaindifferencesbetweenVoyagecharterpartiesandtimecharterparties.

2.Defineabillofladingandstateitsmainfeatures.

3.Explain,givingexampleswherepossible,theimmunitiesofacarrierundertheHagueRules.

4.Underwhatcircumstanceswilltherebedelayedbillsoflading?Howtoresolvetheproblemscausedbydelayedbillsoflading?

5.Explainbrieflythecausesoffraudsinbillsofladinganddiscusspossiblewaystoresolvetheirrelevantproblems,givingthree

examplesbasedonarbitrationandcourtpractices.

6.Brieflydescribethereformsonthenatureofbillsoflading.

7.WhatarethenewdevelopmentsoftheHamburgRules?Givetwoexamples.

8.Brieflydefineparticularaverageandgeneralaverage.

9.Brieflydescribethedifferencesbetween‘freefromparticularaverageinsurance’,withparticularaverageinsurance’and‘allrisksinsurance’.

10.NewYorkMerchandisingCompany(NYMCO)importedgoodsproducedbyC-ARTinHongKong.ThegoodswereshippedontheHongKongIslandLines(carrier).ThepartiespriorcourseofdealingshadbeenforthecarriertoreleasethegoodstoNYMCOonitspresentationofa"bankguarantee."Thesebankguaranteesreleasedthecarrierfromliabilityforanymisdelivery.Onthisoccasion,however,thecarrierreleasedthegoodsuponNYMCO’scorporateguaranteeofpayment.Soonthereafter,NYMCOfiledforbankruptcy.C-ARTsuedthecarriertorecoverthemoneyowedforthegoods.ThecarrierarguedthatitwasnotliableformisdeliverybecauseNYMCOhadgoodtitletothegoodsfromthetimetheywereshippedinHongKong.Doyouagreewiththisargument?The

carrieralsoclaimsthatthebillsofladingarenotvalidbecausetheimporterNYMCOwasinsolvent.Whatiswrongwiththisargument??

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterSevenFinanceofInternationalTrade

【Teachinggoal】Throughthischapterstudying,wecanunderstandandgraspcommonknowledgeofthefinanceofinternationaltrade,includingthebillofexchange,collectionofdocumentarybillsthroughbanks,LettersofCredit(L/C)andinternationalfactoring.

【Keypoint】1.TheBillofExchange.2.LettersofCredit(L/C).

【Teachingmethod】Impartinganddiscussing

【Content】

I.TheBillofExchange

A.OriginofBillsofExchange

B.TheLawGoverningBillsofExchange

C.TypesofBillsofExchange

D.GeneralRequirementsandRightsoftheHolderinDueCourseE.CommonProceduresinHandlingBillsofExchangeII.CollectionofDocumentaryBillsThroughBanks

A.TypesofCollection

B.AdvantagesofCollection

III.LettersofCredit(L/C)

A.LawApplicabletoLettersofCredit

B.TypesofLettersofCredit

C.TheStagesofArrangingandAdvisingALetterofCredit

D.IndependencePrinciplesandRuleofStrictComplianceE.FraudExceptioninLettersofCreditTransaction

Case7—1Sztejnv.HenrySchroederBankingCorp.

IV.InternationalFactoring

A.DefinitionandHistoricalDevelopment

B.ObligationsoftheParties

C.AdvantagesofInternationalFactoringforChineseMerchants

【Studyingquestion】

1.Brieflydefine‘abillofexchange’andstateitsmainfeatures.

2.Whatismeantbytheterm‘holderinduecourse’?Andoutlineits’generalrequirementsandrights.

3.UnderwhatcircumstancecanD/PandD/Abeusedtopromotetrade?

4.Define‘astandbyletterofcredit’andidentifythecircumstanceswhereitcanbeusedininternationaltradepractices.

5.Explain,givingexampleswherepossible,theprincipleofindependenceandtheruleofstrictcompliance.

6.Outlineanddiscussthecausesoffraudinletterofcreditandstatetherationalityofdoctrineoffraudexception.

7.Statebrieflythehistoricaldevelopmentofinternationalfactoring.

8.DiscusstheadvantagesanddisadvantagesofinternationalfactoringtoChinesemerchants.

9.HabibBankissuedaletterofcreditontheinstructionsofitsaccountpartycallingforthepaymentofdraftsuponthepresentationofdocumentsshowingshipmentbyacertaindate.Thebankexaminedthedocumentsandpaidthebeneficiary’sdraft.Theaccountpartyrefusedtotakethedocumentsandreimbursethebankbecausetheshippingdatewasincorrectlystatedinthedocuments.Thebanksuedthebeneficiaryforareturnofitsmoneyforpresentingnonconformingdocuments.ThebankbroughtitsactionundertheUCP500.ThebeneficiaryclaimsthatundertheUCPthebankwasprecludedfromcomplainingaboutthediscrepanciesbecausethebankhadfailedtoobjecttothedocumentsinatimelyfashion.UCP500,article14,statesthatanissuingornominatedbankmustnotifythebeneficiary(oranotherbankfromwhichitisreceivingthedocuments)oftherejectionwithoutdelaybutnolaterthanthecloseoftheseventhbankingdayfollowingthedayofreceiptofthedocuments.Judgmentforwhomandwhy?

10.Yourfirmhascontractedtopurchasesilkfromoverseas

suppliersonletterofcreditterms.Aftercontracting,beforepresentmentoftheseller’sdocuments,somedevelopingcountriesexpandtheirproductionandfloodthemarketwithrawsilk.Thepriceofsilkplummetsonworldmarket.Commentonwhetheryoushouldtrytofindaminordiscrepancyinthedocumentstojustifyrejectingthedocuments.Isitethicalforabuyertorejectdocumentspresentedunderaletterofcreditthatcontainsonlyaminordiscrepancybetweenthedocumentsandthecredit?Dothereasonsmatter?Doesitmatterthatthebuyermayknowthattheshipmentactuallyconformstotherequirementsofthecontractandoftheletterofcredit?

【Readingbooklist】

1.InternationalBusinessLaw,1ebyZuoliJiang,EnglisheditionCopyright?2004byLawPress.

2.InternationalBusinessLaw,3ebyRayAugust,EnglishreprinteditionCopyright?2002byPearsonEducationNorthAsiaLimitedandHigherEducationPress.

【Title】ChapterEightPartnershipLaw

【Teachinggoal】Throughthischapterstudying,wecanunderstandandgraspcommonknowledgeofthepartnershiplaw,

includingthedefinition,creationandpropertyofaPartnership,thepartners’rightsandduties,anddissolutionofthepartnership.

【Keypoint】1.TheBillofExchange.2.LettersofCredit(L/C).

【Keypoint】Partners’RightsandDuties

【Teachingmethod】Impartinganddiscussing

【Content】

I.DefinitionandCreationofaPartnership

A.Definition

B.CreationofaPartnership

II.PropertyofaPartnership

A.ScopeofPartnershipProperty

B.OwnershipandPossession

C.CreditorsofPartners

III.Partners’RightsandDuties

A.RighttoCompensation

B.DutyofLoyaltyandGoodFaith

C.DutyofCareinPartnershipBusiness

D.EnforcementofPartnershipRightsandLiabilities

IV.DissolutionofthePartnership

A.NonwrongfulDissolution

B.WrongfulDissolution

C.AutomaticDissolution

D.DissolutionbyCourtOrder

V.WindingUp

A.PowersduringWindingup

B.DutiesofPartnersduringWindingup

C.CompensationforWindingup

【Studyingquestion】

1.Define‘partnership’andidentifyitsmainfeatures.

2.Brieflydescribetherightsanddutiesofapartner,givingtwoexamples.

3.Underwhatcircumstanceswillapartnershipbeterminated?

4.Compareandcontrastnonwrongfuldissolution,wrongfuldissolution,automaticdissolutionanddissolutionbycourtorder.

5.Brieflydescribethedutiesofpartnersduringwindingup.

6.Whyshouldapartnerhavethepowertodissolveapartnershipatanytime,whileingeneralashareholderofacorporationhasnosuchpower?Isitimportanttoyouranswerthatapartnerhasliabilityforhispartners’contractsandtorts,whileashareholdergenerallyhasnoliabilityforthecontractorthetortsofthecorporation?Whoshoulddeterminewhenapartnerhastherighttodissolveapartnership?Shouldonlythepartnersdeterminethescopeofthisright,ordoessocietyhavetherighttolimitapartner’srighttodissolve?

7.Whyshouldapartnershipgivenoticeofthedissolutionofapartnership?Whyisthepartnershipliabletocreditorswhodonotreceivepropernoticeofthedissolution?Isfairnesspromotedbysucharule?Iseconomicefficiencypromotedbysucharule?

8.Doyouthinkitisrightthatapartnerwhoentersanexistingpartnershiphasliabilitylimitedtothepartnership’s