Spring2008_369

Spring2008_369 - I. INTERNATIONAL SALE OF GOODS

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Unformatted text preview: I. INTERNATIONAL SALE OF GOODS ............................................................................................................. 4 A. Overview ........................................................................................................................................................ 4 Uniform Commercial Code (UCC) Art. II ....................................................................................................... 4 Contracts for the International Sale of Goods (CISG) ..................................................................................... 4 Documentary sales transaction overview ......................................................................................................... 4 B. Commercial Terms: Incoterms (p. 75) ........................................................................................................... 5 When do Incoterms govern? ............................................................................................................................ 5 Risk of loss ....................................................................................................................................................... 5 E terms ............................................................................................................................................................. 6 F terms ............................................................................................................................................................. 6 C terms ............................................................................................................................................................. 6 D terms ............................................................................................................................................................. 7 Interpretation of commercial terms .................................................................................................................. 7 C. Export Trade Matters (p. 132) ........................................................................................................................ 8 Rationale .......................................................................................................................................................... 8 Person-based controls ...................................................................................................................................... 8 Property-based controls ................................................................................................................................... 9 Export Administration Regulations .................................................................................................................. 9 Antiboycott laws .............................................................................................................................................. 9 Economic Espionage Act (EEA)...
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Spring2008_369 - I. INTERNATIONAL SALE OF GOODS

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