International Business Law

Teaching results

After completing the course, the students acquire especially following knowledge:
- repeating and strengthening knowledge of the basic institutes of private law,
- broad legal knowledge needed in practice in the field of international business and international trade,
- in a broader context, understanding more complex legal institutes related to international trade and international business in general, i.e. in the areas according to the indicative content of the course
After completing the course, the students acquire especially following practical skills:
- the students understand that the regulation of international business is subject to international law, European Union law, particular national legal systems and non-state forms of regulation such as business practices or INCOTERMS. The students understand the hierarchy of these regulatory systems and can solve simple cases of conflict-of-law,
- the students understand the method of determining the law applicable to the legal relationship, can define the criteria for selection of the appropriate legal form for starting an international business, identify appropriate type of securing of obligation in international financing, choose the appropriate contractual type for their transaction and identify its essentials,
- the students understand the way and process of concluding contracts in international trade, understand the impact of public regulation of individual states on international trade (e.g. in the areas of international taxation, economic competition or money laundering),
- the students have a basic overview of resolving disputes in international trade and know their advantages and disadvantages.
After completing the course, the students acquire especially following competencies:
- the students will gain the ability to work with applicable legislation governing international trade and international business,
- they can identify applicable international treaties, find them in respective databases and can identify their parties and assess whether they relate to the specific case,
- the students are also able to work with databases of European legislative acts (www.eur-lex.eu) and Slovak legislation (www.slov-lex.sk), can find the relevant legislation concerning the regulation of international trade and can read it with the knowledge of basic legal concepts and institutes.