BOOK
International Business Law: International Edition
Ray A. August | Don Mayer | Michael Bixby
(2013)
Additional Information
Book Details
Abstract
For upper-level undergraduate and MBA students enrolled in an international business law course.
August emphasizes the diversity and similarity of how firms are currently regulated and governed around the world.
Table of Contents
| Section Title | Page | Action | Price |
|---|---|---|---|
| Cover | Cover | ||
| Contents | 6 | ||
| Preface | 17 | ||
| Chapter 1 Introduction to International and Comparative Law | 21 | ||
| What Is International Law? | 21 | ||
| CASE 1-1 Ignacio Sequihua v. Texaco Inc. et al. | 23 | ||
| The Making of International Law | 25 | ||
| Sources of International Law | 25 | ||
| Treaties and Conventions | 25 | ||
| Custom | 27 | ||
| General Principles and Jus Cogens | 28 | ||
| The Scope of International Law in Actual Practice | 28 | ||
| The Practice in International Tribunals | 28 | ||
| The Practice in Municipal Courts | 29 | ||
| CASE 1-2 Sei Fujii v. State of California | 30 | ||
| International Persons | 32 | ||
| States | 32 | ||
| Territorial Sovereignty | 34 | ||
| Negative Servitudes: Air and Water Pollution | 34 | ||
| CASE 1-3 The Trail Smelter Arbitration | 35 | ||
| International Organizations | 39 | ||
| READING 1-1 Overview of the UN Global Compact and the Millennium Development Goals, and the Ten Principles | 44 | ||
| READING 1-2 The End of the Euro? Fears of Financial Contagion | 48 | ||
| CASE 1-4 Commission of the European Communities v. Federal Republic of Germany | 51 | ||
| The Institutions of the European Union | 54 | ||
| The Rights of Individuals Under International Law | 62 | ||
| CASE 1-5 De Sanchez v. Banco Central De Nicaragua | 63 | ||
| Comparison of Municipal Legal Systems | 65 | ||
| The Romano-Germanic Civil Law System | 65 | ||
| The Anglo-American Common Law System | 68 | ||
| The Islamic Law System | 69 | ||
| Chapter Questions | 70 | ||
| Chapter 2 State Responsibility and Environmental Regulation | 71 | ||
| Introduction | 71 | ||
| State Responsibility | 72 | ||
| Doctrine of Imputability | 72 | ||
| Nonimputable Acts | 72 | ||
| CASE 2-1 Sandline International Inc. v. Papua New Guinea | 73 | ||
| CASE 2-2 Flatow v. The Islamic Republic of Iran | 78 | ||
| READING 2-1 State Responsibility, Corporate Responsibility, and Terrorism | 83 | ||
| Fault and Causation | 87 | ||
| Standard of Care | 88 | ||
| The National Standard of Care | 88 | ||
| The International Standard of Care | 88 | ||
| Expropriation | 89 | ||
| In Brief: CASE 2-3 Acsyngo v. Compagnie De Saint-Gobain (France) S.A. | 90 | ||
| Denial of Justice | 93 | ||
| CASE 2-4 Chattin v. United Mexican States | 93 | ||
| Objections | 96 | ||
| Lack of Standing | 96 | ||
| Lack of Nationality | 96 | ||
| Lack of a Genuine Link | 97 | ||
| Failure to Exhaust Remedies | 97 | ||
| CASE 2-5 The M/V Saiga Case (Merits) | 98 | ||
| Other Objections | 103 | ||
| Relief | 103 | ||
| Insurance | 103 | ||
| CASE 2-6 Re Letelier and Moffitt | 104 | ||
| Private Insurers | 107 | ||
| National Investment Guaranty Programs | 107 | ||
| Multilateral Investment Guaranty Programs | 109 | ||
| Environmental Protection | 109 | ||
| Regulation of Pollution | 111 | ||
| CASE 2-7 Southern Bluefin Tuna Cases: Provisional Measures | 112 | ||
| READING 2-2 The U.S. View and the “Basic” View on the Kyoto Protocol and its Renewal | 120 | ||
| Protection of Natural Resources | 123 | ||
| Liability for Environmental Damage | 124 | ||
| Chapter Questions | 125 | ||
| Chapter 3 Dispute Settlement | 127 | ||
| Settlement of Disputes Through Diplomacy | 127 | ||
| Negotiation | 128 | ||
| Mediation | 128 | ||
| Inquiry | 128 | ||
| Settlement of Disputes in International Tribunals | 129 | ||
| International Court of Justice | 129 | ||
| READING 3-1 Iran and the United States at the ICJ: Oil Platforms Case (Islamic Republic of Iran v. United States of America) | 133 | ||
| International Criminal Court | 135 | ||
| World Trade Organization Dispute Settlement Procedures | 136 | ||
| CASE 3-1 Japan—Taxes on Alcoholic Beverages | 138 | ||
| International Center for the Settlement of Investment Disputes | 140 | ||
| CASE 3-2 In the Matter of the Loewen Group Inc. and Raymond L. Loewen, Claimants/Investors v. United States of America Respondent/Party | 145 | ||
| Other Arbitration Tribunals | 148 | ||
| Settlement of Disputes in Municipal Courts | 148 | ||
| Jurisdiction in Criminal Cases | 148 | ||
| Jurisdiction in Civil Cases | 149 | ||
| Jurisdiction over Persons | 149 | ||
| CASE 3-3 Bumper Development Corp. Ltd. v. Commissioner of Police of the Metropolis and Others (Union of India and Others, Claimants) | 150 | ||
| CASE 3-4 Shell v. R. W. Sturge, Ltd. | 154 | ||
| Immunities of States from the Jurisdiction of Municipal Courts | 159 | ||
| Sovereign or State Immunity | 159 | ||
| READING 3-2 China and Sovereign Immunity | 162 | ||
| CASE 3-5 Abbott v. Republic of South Africa | 163 | ||
| Act of State Doctrine | 167 | ||
| CASE 3-6 W.S. Kirkpatrick Co., Inc. v. Environmental Tectonics Co. | 167 | ||
| Choosing the Governing Law | 169 | ||
| Agreement of the Parties | 170 | ||
| Statutory Choice of Law Provisions | 170 | ||
| Most Significant Relationship | 171 | ||
| CASE 3-7 Bank of India v. Gobindram Naraindas Sadhwani and Others | 172 | ||
| Governmental Interest | 175 | ||
| Refusal To Exercise Jurisdiction | 176 | ||
| Opposition to the Exercise of Jurisdiction | 176 | ||
| CASE 3-8 Jorge Luis Machuca Gonzalez et al. v. Chrysler Corporation et al. | 177 | ||
| Proving Foreign Law | 180 | ||
| Recognition of Foreign Judgments | 181 | ||
| Chapter Questions | 181 | ||
| Chapter 4 The Multinational Enterprise | 183 | ||
| Introduction | 183 | ||
| Strategies for Doing Business Globally | 184 | ||
| Exporting and Importing | 184 | ||
| Branches and Subsidiaries | 184 | ||
| READING 4-1 China Merchants Bank | 185 | ||
| Licensing Intellectual Property and Franchising | 185 | ||
| The Business Form | 186 | ||
| The Importance of the Separate Legal Identity of Juridical Entities | 186 | ||
| The Multinational Organization | 186 | ||
| The Parent Company | 186 | ||
| CASE 4-1 Case Concerning Barcelona Traction, Light and Power Co. (Second Phase) | 187 | ||
| The Subordinate Structure | 192 | ||
| International Regulation of Multinational Enterprises | 193 | ||
| READING 4-2 The ISO 26,000 Standard for Global Business Conduct | 193 | ||
| Bribery and Corruption Rules | 196 | ||
| Home State Regulation of Multinational Enterprises | 196 | ||
| Unfair Competition Laws | 196 | ||
| CASE 4-2 Metro Industries v. Sammi Corp. | 200 | ||
| In Brief: CASE 4-3 Airbus Industrie G.I.E. v. Patel | 208 | ||
| READING 4-3 F. Hoffman-La Roche Ltd. v. Empagran | 209 | ||
| Tort and Products Liability Laws | 210 | ||
| CASE 4-4 Dow Jones & Co. Inc. v. Gutnick | 211 | ||
| In Brief: CASE 4-5 World-Wide Volkswagen v. Woodson | 217 | ||
| CASE 4-6 Asahi Metal Industry Co., Ltd. v. Superior Court of California, Solano County United States Supreme Court | 219 | ||
| Sharp Practices | 224 | ||
| CASE 4-7 United States v. Blondek, Tull, Castle, and Lowry | 225 | ||
| READING 4-4 Current Events in International Law: The New Global Reach of Anti-Corruption Laws | 229 | ||
| Host State Regulation of Multinational Enterprises | 231 | ||
| Consent to the Jurisdiction of the Host State | 231 | ||
| Common Enterprise Liability | 231 | ||
| CASE 4-8 Touche Ross & Co. v. Bank Intercontinental, Limited | 232 | ||
| Piercing the Company Veil | 236 | ||
| Chapter Questions | 236 | ||
| Chapter 5 Foreign Investment | 238 | ||
| Foreign Investment Laws and Codes | 239 | ||
| READING 5-1 Pacific Rim Mining v. El Salvador: An ICSID Arbitration under the U.S.-Dominican Republic Central American Free Trade Agreement (DR-CAFTA) | 240 | ||
| National Foreign Investment Policies | 243 | ||
| Regional Investment Policies | 245 | ||
| Screening Foreign Investment Applications | 246 | ||
| Formal and Informal Application Processes | 248 | ||
| Approval of Foreign Investment Applications | 249 | ||
| In Brief: CASE 5-1 Arab Republic of Egypt v. Southern Pacific Properties, Ltd., et al. | 249 | ||
| Business Forms | 250 | ||
| Limitations on Foreign Equity | 252 | ||
| Sectoral Limitations | 252 | ||
| READING 5-2 Foreign Direct Investment in India | 253 | ||
| Geographic Limitations | 257 | ||
| CASE 5-2 Brady v. Brown | 257 | ||
| Free Zones | 262 | ||
| CASE 5-3 Nissan Motor Mfg. Corp., U.S.A. v. United States | 264 | ||
| Foreign Investment Guarantees | 268 | ||
| Supervision of Foreign Investment | 270 | ||
| Start-Up Standards | 270 | ||
| Operational Reviews | 270 | ||
| Modification of Foreign Investment Agreements | 271 | ||
| CASE 5-4 Arbitration Between Wintershall AG et al. and the Government of Qatar | 271 | ||
| Protection of Subsidiaries | 274 | ||
| CASE 5-5 The Bhopal Case | 277 | ||
| Penalties for Noncompliance | 281 | ||
| Securities Regulations | 282 | ||
| Securities | 282 | ||
| Trading in Securities | 283 | ||
| Securities Exchanges | 283 | ||
| Issuance of Securities | 284 | ||
| Clearance and Settlement Procedures | 286 | ||
| Insider Trading Regulations | 287 | ||
| CASE 5-6 Batchelder v. Kawamoto | 288 | ||
| Takeover Regulations | 292 | ||
| Enforcement of Securities Regulations Internationally | 294 | ||
| International Enforcement Cooperation | 295 | ||
| The Convention on Insider Trading | 296 | ||
| Extraterritorial Application of U.S. Securities Laws | 297 | ||
| Chapter Questions | 298 | ||
| Chapter 6 Money and Banking | 300 | ||
| Money | 301 | ||
| The Value of Money | 301 | ||
| The Choice of Money | 302 | ||
| Maintaining Monetary Value | 302 | ||
| CASE 6-1 Republic of Argentina et al. v. Weltover, Inc. et al. | 303 | ||
| The International Monetary Fund (IMF) | 307 | ||
| Origin of the IMF | 307 | ||
| READING 6-1 The U.S. Dollar as International Currency Reserve? | 309 | ||
| IMF Quotas | 310 | ||
| Organization of the IMF | 310 | ||
| READING 6-2 IMF Quota Reform is Inadequate; Reaction to IMFC Communiqué | 311 | ||
| READING 6-3 Calls for Debt Audit as IMF Austerity Fails | 311 | ||
| IMF Operations | 313 | ||
| Currency Exchange | 313 | ||
| Currency Exchange Obligations of IMF Member States | 313 | ||
| Enforcement of Exchange Control Regulations of IMF Member States | 314 | ||
| CASE 6-2 Wilson, Smithett & Cope, Ltd v. Terruzzi | 315 | ||
| Enforcement of Exchange Control Laws in the Absence of IMF Membership | 319 | ||
| CASE 6-3 Menendez v. Saks and Company | 319 | ||
| Enforcement of Other IMF Member State Currency Exchange Obligations | 322 | ||
| Exemptions for New Members from IMF Member State Currency Exchange Obligations | 323 | ||
| Currency Support | 323 | ||
| IMF Facilities | 323 | ||
| IMF Conditionality | 324 | ||
| Development Banks | 324 | ||
| Controversies at the World Bank | 326 | ||
| READING 6-4 The IMF and the World Bank: How Do They Differ? | 328 | ||
| The Bank for International Settlements | 333 | ||
| The Central Banks’ Bank | 334 | ||
| Promoter of International Monetary Cooperation | 334 | ||
| Agent for International Settlements | 335 | ||
| BIS and Basel III | 335 | ||
| Regional Monetary Systems | 336 | ||
| National Monetary Systems | 338 | ||
| National Monetary Organizations | 338 | ||
| Bank Deposits | 339 | ||
| READING 6-5 Islamic Banking | 340 | ||
| Eurocurrency Deposits | 342 | ||
| The Interbank Deposit Market | 342 | ||
| The Foreign Exchange Market | 343 | ||
| Foreign Exchange Contracts | 344 | ||
| In Brief: CASE 6-4 Hunt et al. v. Alliance North American Government Income Trust, Inc. et al. | 344 | ||
| Arbitrage | 346 | ||
| The Transfer of Money | 346 | ||
| Branch Banking | 346 | ||
| CASE 6-5 In Re Sealed Case | 347 | ||
| Conflicts Between Host and Home State Regulations | 351 | ||
| CASE 6-6 Vishipco Line et al. v. Chase Manhattan Bank, N.A. | 351 | ||
| CASE 6-7 Libyan Arab Foreign Bank v. Bankers Trust Company | 355 | ||
| Chapter Questions | 357 | ||
| Chapter 7 Trade in Goods | 358 | ||
| History of Contemporary International Trade Law | 359 | ||
| Protectionism | 360 | ||
| The Bretton Woods System | 362 | ||
| The 1947 General Agreement on Tariffs and Trade | 363 | ||
| Multilateral Trade Negotiations | 363 | ||
| The Uruguay Round | 364 | ||
| The World Trade Organization | 365 | ||
| The WTO Agreement | 367 | ||
| Membership of the WTO | 367 | ||
| Structure of the WTO | 369 | ||
| Decision Making within the WTO | 372 | ||
| READING 7-1 The WTO from Seattle to Doha to Hong Kong to Geneva (and beyond) | 372 | ||
| Waivers | 375 | ||
| Dispute Settlement | 375 | ||
| Trade Policy Review | 376 | ||
| The 1994 General Agreement on Tariffs and Trade | 376 | ||
| Direct Effect | 376 | ||
| In Brief: CASE 7-1 Finance Ministry v. Manifattura Lane Marz Otto, SpA | 378 | ||
| Nondiscrimination | 379 | ||
| CASE 7-2 Japan—Taxes on Alcoholic Beverages | 381 | ||
| Protection Only Through Tariffs | 385 | ||
| Transparency | 386 | ||
| Regional Integration | 386 | ||
| Commodity Arrangements | 387 | ||
| Escape Clause | 388 | ||
| Exceptions | 388 | ||
| Export Controls | 389 | ||
| CASE 7-3 United States—Import Prohibition of Certain Shrimp and Shrimp Products | 389 | ||
| Other Multilateral Export-Control Programs | 396 | ||
| Multilateral Trade Agreements | 398 | ||
| Customs Valuation | 399 | ||
| Preshipment Inspection | 400 | ||
| Technical Barriers to Trade | 400 | ||
| Sanitary and Phytosanitary Measures | 402 | ||
| Trade-Related Investment Measures | 402 | ||
| CASE 7-4 Australia—Measures Affecting Importation of Salmon | 403 | ||
| Import-Licensing Procedures | 408 | ||
| Anti-dumping | 409 | ||
| CASE 7-5 Nippon Steel Corporation v. United States | 410 | ||
| Subsidies and Countervailing Measures | 414 | ||
| CASE 7-6 United States—European Communities—Measures Affecting Trade in Large Civil Aircraft | 416 | ||
| Safeguards | 421 | ||
| Agriculture | 422 | ||
| Textiles and Clothing | 424 | ||
| Rules of Origin | 425 | ||
| Chapter Questions | 427 | ||
| Chapter 8 Services and Labor | 429 | ||
| Introduction | 429 | ||
| General Agreement on Trade in Services | 429 | ||
| The Framework Agreement | 430 | ||
| CASE 8-1 European Communities—Regime for the Importation, Sale, and Distribution of Bananas | 431 | ||
| GATS Annexes | 439 | ||
| GATS Schedules of Specific Commitments | 439 | ||
| Regional Intergovernmental Regulations on Trade in Services | 441 | ||
| EU Law on Trade in Services | 441 | ||
| Provisions Governing Trade in Services in the North American Free Trade Agreement (NAFTA) | 444 | ||
| International Labor Law | 445 | ||
| International Labor Organization | 445 | ||
| READING 8-1 Equality at Work: Tackling the Challenges of Disability | 447 | ||
| The Human Rights of Workers | 451 | ||
| CASE 8-2 DUBERG v. UNESCO | 452 | ||
| Regional Intergovernmental Regulations on Labor | 462 | ||
| Employment Laws in the EU | 462 | ||
| Employment Standards of the Organization for Economic Cooperation and Development (OECD) | 465 | ||
| Protection of Workers’ Rights by the Council of Europe | 466 | ||
| Transnational Organized Labor | 468 | ||
| Movement of Workers | 468 | ||
| Visas | 469 | ||
| CASE 8-3 State v. Nagami | 470 | ||
| READING 8-2 United States Visa Regulations | 474 | ||
| CASE 8-4 England and Another v. Attorney-General of St. Lucia | 476 | ||
| Regulation of Foreign Workers | 479 | ||
| CASE 8-5 Spiess et al. v. C. Itoh & Co. (America), Inc. | 480 | ||
| Application of Home State Labor Laws Extraterritorially | 483 | ||
| CASE 8-6 Morelli v. Cedel | 483 | ||
| Chapter Questions | 487 | ||
| Chapter 9 Intellectual Property | 489 | ||
| Introduction | 490 | ||
| The Creation of Intellectual Property Rights | 490 | ||
| Copyrights | 490 | ||
| CASE 9-1 Performing Right Society, Limited v. Hickey | 494 | ||
| CASE 9-2 Amar Nath Sehgal v. Union of India | 499 | ||
| Patents | 504 | ||
| CASE 9-3 Monsanto Co. v. Coramandal Indag Products, (P) Ltd. | 507 | ||
| Trademarks | 512 | ||
| READING 9-1 Starbucks and Ethiopia Dispute Coffee Trademark Issues | 513 | ||
| CASE 9-4 Experience Hendrix, L.L.C. v. Hammerton | 516 | ||
| Know-How | 523 | ||
| International Intellectual Property Organizations | 524 | ||
| World Intellectual Property Organization | 524 | ||
| Council for Trade-Related Aspects of Intellectual Property Rights | 526 | ||
| Intellectual Property Treaties | 526 | ||
| Comprehensive Agreements | 527 | ||
| Artistic Property Agreements | 528 | ||
| Industrial Property Agreements | 531 | ||
| The International Transfer of Intellectual Property | 533 | ||
| Licensing Regulations | 534 | ||
| Territorial Restrictions | 536 | ||
| Export Restrictions | 539 | ||
| CASE 9-5 L’Oréal v. eBay | 540 | ||
| Cartels | 542 | ||
| Exclusive Licenses | 543 | ||
| CASE 9-6 Ransome-Kuti v. Phonogram, Ltd. | 543 | ||
| Sales and Distribution Arrangements | 545 | ||
| Price-Fixing | 546 | ||
| Noncompetition Clauses | 546 | ||
| Challenges to Validity | 547 | ||
| Tying Clauses | 547 | ||
| Quantity and Field-of-Use Restrictions | 548 | ||
| Restrictions on Research and Development | 550 | ||
| Quality Controls | 550 | ||
| Grant-Back Provisions | 551 | ||
| Restrictions That Apply After the Expiration of Intellectual Property Rights | 552 | ||
| Restrictions That Apply After the Expiration of the Licensing Agreement | 553 | ||
| Compulsory Licenses | 553 | ||
| Patents | 554 | ||
| Copyrights | 554 | ||
| READING 9-2 Compulsory Licensing of Patents on Aids and other Drugs: WTO Rules and Actions by Certain Nations | 555 | ||
| Chapter Questions | 558 | ||
| Chapter 10 Sales | 559 | ||
| United Nations Convention on Contracts for the International Sale of Goods | 560 | ||
| Transactions Covered in CISG | 560 | ||
| Opting In and Out | 562 | ||
| CASE 10-1 Asante Technologies, Inc. v. PMC-Sierra, Inc. | 562 | ||
| Sales Defined | 567 | ||
| Goods Defined | 567 | ||
| Mixed Sales | 568 | ||
| Contractual Issues Excluded from the Coverage of CISG | 569 | ||
| Illegality and Incompetency | 569 | ||
| Third-Party Claims and Personal Injuries | 570 | ||
| Preemption | 570 | ||
| Interpreting CISG | 572 | ||
| The Convention | 572 | ||
| General Principles | 574 | ||
| Rules of Private International Law | 574 | ||
| Interpreting Sales Contracts | 574 | ||
| Statements and Conduct of the Parties | 575 | ||
| Negotiations | 575 | ||
| Practices and Usages | 575 | ||
| CASE 10-2 Treibacher Industrie, A.G. v. Allegheny Technologies, Inc. | 576 | ||
| Form | 579 | ||
| Formation of the Contract | 580 | ||
| The Offer | 580 | ||
| Effectiveness of an Offer | 582 | ||
| Acceptance | 582 | ||
| Acceptance with Modifications | 584 | ||
| CASE 10-3 Filanto, SpA v. Chilewich International Corp. | 585 | ||
| General Standards of Performance | 587 | ||
| Fundamental Breach | 588 | ||
| Avoidance | 588 | ||
| Requests for Specific Performance | 588 | ||
| Seller’s Obligations | 589 | ||
| Place for Delivery | 589 | ||
| Time for Delivery | 589 | ||
| The Turning Over of Documents | 589 | ||
| Conformity of Goods | 589 | ||
| Buyer’s Obligations | 591 | ||
| Payment of the Price | 591 | ||
| CASE 10-4 The Natural Gas Case | 591 | ||
| Taking Delivery | 594 | ||
| The Passing of Risk | 594 | ||
| Agreement of the Parties | 595 | ||
| CASE 10-5 Chicago Prime Packers, Inc. v. Northam Food Trading Co. | 595 | ||
| Means of Delivery | 598 | ||
| Breach of Contract | 599 | ||
| Remedies | 599 | ||
| Buyer’s Remedies | 599 | ||
| CASE 10-6 The Shoe Seller’s Case | 600 | ||
| Seller’s Remedies | 603 | ||
| Remedies Available to Both Buyers and Sellers | 604 | ||
| Excuses for Nonperformance | 606 | ||
| Force Majeure | 606 | ||
| Dirty Hands | 607 | ||
| Chapter Questions | 607 | ||
| Chapter 11 Transportation | 609 | ||
| Trade Terms | 609 | ||
| CASE 11-1 St. Paul Guardian Insurance Company v. Neuromed Medical Systems & Support, GmbH | 610 | ||
| A Note on the Incoterms | 614 | ||
| “Free” Terms | 615 | ||
| FOB—Free on Board | 615 | ||
| FAS—Free Alongside Ship | 616 | ||
| CIF—Cost, Insurance, and Freight | 616 | ||
| CFR—Cost and Freight | 616 | ||
| CASE 11-2 Phillips Puerto Rico Core, Inc. v. Tradax Petroleum, Ltd. | 616 | ||
| FCA—Free Carrier | 620 | ||
| EXW—Ex Works | 620 | ||
| Transportation | 620 | ||
| Inland Carriage | 621 | ||
| Carriage of Goods by Sea | 622 | ||
| Common Carriage | 623 | ||
| The Bill of Lading | 623 | ||
| CASE 11-3 M. Golodetz & Co., Inc. v. Czarnikow-Rionda CO., Inc. (The Galitia) | 629 | ||
| Carrier’s Duties Under a Bill of Lading | 634 | ||
| Carrier’s Immunities | 634 | ||
| CASE 11-4 Great China Metal Industries Co. Ltd. v. Malaysian International Shipping Corp. | 635 | ||
| Liability Limits | 640 | ||
| CASE 11-5 Croft & Scully Co. v. M/V Skulptor Vuchetich et al. | 640 | ||
| Time Limitations | 643 | ||
| Third-Party Rights (Himalaya Clause) | 644 | ||
| READING 11-1 Cargo Theft Is Big Business | 645 | ||
| Charterparties | 645 | ||
| Voyage Charterparties | 646 | ||
| Time Charterparties | 646 | ||
| Charterparties and Bills of Lading | 647 | ||
| Maritime Liens | 647 | ||
| CASE 11-6 The Chinese Seamen’s Foreign Technical Services Co. v. Soto Grande Shipping Corp., Sa | 648 | ||
| Maritime Insurance | 650 | ||
| Perils | 651 | ||
| CASE 11-7 Assicurazioni Generali (Underwriters) v. Black & Veatch | 651 | ||
| Average Clauses | 653 | ||
| Carriage of Goods by Air | 654 | ||
| Chapter Questions | 656 | ||
| Chapter 12 Financing | 657 | ||
| Introduction | 658 | ||
| Financing Foreign Trade | 658 | ||
| Bills of Lading | 658 | ||
| Bills of Exchange | 658 | ||
| The Law Governing Bills of Exchange | 659 | ||
| Types of Bills of Exchange | 660 | ||
| Promissory Notes | 661 | ||
| Negotiability of Bills and Notes | 664 | ||
| Unconditional Promise or Order to Pay | 664 | ||
| Definite Sum of Money or Monetary Unit of Account | 665 | ||
| Payable on Demand or at a Definite Time | 665 | ||
| Signed by the Maker or Drawer | 666 | ||
| The Negotiation and Transfer of Bills and Notes | 666 | ||
| Assignment | 666 | ||
| Negotiation | 666 | ||
| CASE 12-1 Miller v. Race | 667 | ||
| Forged Endorsements | 670 | ||
| CASE 12-2 Mair v. Bank of Nova Scotia | 671 | ||
| Limitations on the Excuses That Drawers and Makers Can Use to Avoid Paying Off a Bill or Note | 674 | ||
| Liabilities of Makers, Drawers, Drawees, Endorsers, and Accommodation Parties | 675 | ||
| CASE 12-3 Far East Realty Investment, Inc. v. Court of Appeals | 676 | ||
| The Role of Banks in Collecting and Paying Negotiable Instruments | 678 | ||
| CASE 12-4 Charles R. Allen, Inc. v. Island Cooperative Services Cooperative Association | 679 | ||
| Letters of Credit | 682 | ||
| Governing Law | 683 | ||
| Applying for a Letter of Credit | 685 | ||
| CASE 12-5 Trans Trust Sprl v. Danubian Trading Co., Ltd. | 687 | ||
| Documentary Formalities | 689 | ||
| Advising and Confirming Letters of Credit | 689 | ||
| The Obligations of Banks | 692 | ||
| CASE 12-6 Sztejn v. J. Henry Schroeder Banking Corp. | 695 | ||
| Rights and Responsibilities of the Account Party | 696 | ||
| Rights and Responsibilities of Beneficiaries | 697 | ||
| Financing Foreign Operations | 697 | ||
| Private Sources of Capital | 697 | ||
| Governmental Sources of Capital | 697 | ||
| Regional and International Development Agencies | 698 | ||
| Countertrade | 699 | ||
| Chapter Questions | 700 | ||
| Case Index | 702 | ||
| A | 702 | ||
| B | 702 | ||
| C | 702 | ||
| D | 703 | ||
| E | 703 | ||
| F | 703 | ||
| G | 703 | ||
| H | 703 | ||
| I | 703 | ||
| J | 703 | ||
| L | 703 | ||
| M | 703 | ||
| N | 703 | ||
| O | 704 | ||
| P | 704 | ||
| R | 704 | ||
| S | 704 | ||
| T | 704 | ||
| V | 704 | ||
| W | 704 | ||
| Z | 704 | ||
| Statutory Index | 705 | ||
| A | 705 | ||
| B | 705 | ||
| C | 705 | ||
| D | 706 | ||
| E | 706 | ||
| F | 706 | ||
| G | 706 | ||
| H | 707 | ||
| I | 707 | ||
| J | 708 | ||
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| S | 709 | ||
| T | 709 | ||
| U | 709 | ||
| V | 713 | ||
| W | 713 | ||
| Z | 715 | ||
| Topical Index | 716 | ||
| A | 716 | ||
| B | 716 | ||
| C | 717 | ||
| D | 720 | ||
| E | 720 | ||
| F | 721 | ||
| G | 722 | ||
| H | 723 | ||
| I | 723 | ||
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| M | 726 | ||
| N | 727 | ||
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| P | 728 | ||
| Q | 728 | ||
| R | 728 | ||
| S | 729 | ||
| T | 730 | ||
| U | 731 | ||
| V | 732 | ||
| W | 732 | ||
| Z | 733 |