Define Lex Mercatoria. Are we using it in modern business? How has it evolved over time?

Global Trade Intermediaries Logistics

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1. International Contracts: Discuss the key features of  the UCC, AND CISG : how do they differ?

2. Define Lex Mercatoria. Are we using it in modern business? How has it evolved over time?

3. Terms of Payment & Currency of Payment: what are the advantages/disadvantages and procedures of securing payment through letters of credit?

4. Terms of Payment: what are the advantages/disadvantages of cash in advance? Who bears the risk? Under which conditions would you use this method?

5. International Commercial Documents: Define the Bill of Lading. How many types of B/L are there? What is its purpose? Are we using them for all transport modes?

6. International Commercial Documents: Define the Contract of Sales. What is its purpose? What are its key features?

7. International Insurance:

a) Why are we using insurance across the supply chain?

b) Define PERIL, and provide some short examples of business peril, e.g. fire, extreme weather, etc.

8. International Insurance:

a) Define Underwriting.

b) Define General Average.

9. International Ocean Transportation. What are the benefits of maritime transportation?

10.  International Air Transportation. International Land and Multimodal Transportation. Describe these transportation types, and explain the particularities of these transport modes.

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