Course: International Business Law

You are invited to attend an international symposium for newly incorporated international businesses. You are the CEO and Managers of this new business venture. Your business must be one that focuses specifically on the sale of goods in the international market. You are asked to ensure that your business has a branch, agent, representative office or subsidiary or other parent companies in the following countries: UK, France and South Africa. Your business must be based (in part) in the State of Grenada. The symposium is aimed at engaging new entrepreneurs and is a platform that will allow them to network and to expand their business opportunities. At this symposium, you will be asked to present to a panel of investors who have agreed to invest Five Million US Dollars in the new international business that shows the most potential for success. For the purposes of this assignment, you are asked to focus only on the legal aspects of your business idea.

PART C Trade Financing and Intellectual Property Rights (3) Discuss in detail the mechanisms that your business will employ to finance your foreign trade. So, for instance, you may choose to utilize Letters of Credit, Bank Drafts or Swift Transfers for the receipt and distribution of payments.

(4) Describe the Intellectual Property Rights that will arise through the creation and sale of your products. Based on the IP Rights arising, explain how you would register the protections of the Intellectual Property Rights. What are the International Treaties governing the rights that you have identified?