Business Law

CHAPTER 2

International Law and the World’s Legal Systems

adapted from:Copyright © 2009 South-Western Legal Studies in Business, a part of South-Western Cengage Learning.

Introduction

• Introduction to the instructor • Introduction to the course • Grading:

– Case study in groups of 6 - 8 students (paper + 15 minutes final presentation on October 23, 2010 = 50 % (details on « myICN ») – Final exam (Multiple Choice Questions) = 50 %

adapted from:Copyright © 2009 South-Western Legal Studies in Business, a part of South-Western Cengage Learning.

2

What is International Law?

• “A rule… that has been accepted as such by the international community.”

– Three international relationships are governed by international law:

• Those between nations and nations. • Those between nations and persons. • Those between persons and persons.

adapted from:Copyright © 2009 South-Western Legal Studies in Business, a part of South-Western Cengage Learning.

3

What is International Law

adapted from:Copyright © 2009 South-Western Legal Studies in Business, a part of South-Western Cengage Learning.

4

What is International Law?

French Perspective:

Public International Law Nation – Nation Nation - Persons Private International Law Persons - Persons

adapted from:Copyright © 2009 South-Western Legal Studies in Business, a part of South-Western Cengage Learning.

5

Public vs. Private International Law

• Public International Law.

– Involves relationships between countries and applies “norms regarded as binding on all members of the international community” – Examples of issues: when is it appropriate for a country to use force?

• Private International Law.

– Deals with the rights and responsibilities of private individuals or corporations operating in an international environment. – Example: applicable law to a contract between a French and a German company

adapted from:Copyright © 2009 South-Western Legal Studies in Business, a part of...