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 A - Corporate Governance Structure (1) Provide a name for your international business and design the corporate governance structure of your international business. Ensure that you include discussions on the UN Global Compact when considering the design and objectives of your business. (a) Provide written details regarding the structure of your international business, briefly include the details of what product/s your business intends to sell. Draw a chart to show the features of your business structure. For instance, is your business an international multinational corporation or is it a national multinational corporation? Is there a Board of Directors? Are there shareholders? PART B - Sales Contract and Transportation Logistics (2) Using the United Nations Convention on the Sale of Contracts for the International Sale of Goods (CISG) as a guide, draft a contract that will address the following: - 3 (a) The sale of your goods to a purchaser located in France. (b) You must take into consideration the key clauses in a sale of goods agreement including but not limited to the obligations of the seller, the obligations of the buyer, remedies in the event of a breach of contract, a termination clause, a choice of forum clause and any other clauses that you deem necessary based on your research and on our class discussions. (c) Describe in detail the mode of transportation that you will utilize to get your goods from Grenada to South Africa and any other destination. Discuss the international convention/s that would govern your selected mode of transportation and the legal documentation that would be necessary for the transportation mode selected. Ensure that you reference the INCOTERM that you will use for your international transactions. Explain why you have selected the INCOTERM that you did. You are encouraged to present, as an appendix to your assignment, examples of the documentation that would be necessary for the transporting of your good, for example, Air Waybills or Bills of lading etc. 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?