Business Law Emphasis
Hamline's international business law curriculum provides comprehensive training in corporate governance of international business entities, financing, trade, as well as negotiations and conflict resolution in the international business setting. Students interested in an emphasis in this area can choose courses from the following recommended courses.
Antitrust (3 credits)
Examines legal protection of the competitive system under the Sherman Act, Clayton Act, and related legislation, including monopoly power, horizontal and vertical restraints on competition, and related problems.
Commercial Transactions (3 credits)
Studies the rights and liabilities of the parties to contract for the sale and lease of goods (UCC Articles 2 and 2A), licenses of information (Uniform Computer Information Transactions Act), and the transfer of investment securities (UCC Article 8).
Comparative Law (3 credits)
Comparative study of the origins, development, and characteristics of the world's major legal systems, with emphasis on civil law systems.
Contracts (6 credits)
This year-long course studies the enforceability of promises. Focuses on the common law of contracts including creation, performance and breach of contractual obligations, remedies available for breach of contract, and the impact of contract on the legal status of non-parties. Modern statutory regulation of contract (the Uniform Commercial Code, Article 2) is also examined in detail.
Corporations (3 credits)
Introduces the legal and business issues pertaining to corporations, both closely-held and publicly traded. Topics include corporate formation, structure and governance, as well as the rights and liabilities of management and shareholders.
International Law (3 credits)
Examines basic principles of international law, including the jurisdiction of states, making and the effect of treaties, recognition of governments, nationality of persons and corporations, extradition, expropriation, international legal forums, the law of war and the United Nations. A survey of international economic law is also included.
International Business Transactions (3 credits)
Examines international business issues involving the export sale of goods, letters of credit in financing exports sales, and resolution of international commercial disputes, including alternative forms and enforcement of judgments, tariffs on the importation of goods, customs classification and valuation, antidumping and countervailing duties, national restrictions on the export of goods and technology, and international transfer of technology. Also covers franchising and agreements for the transfer of "know-how", foreign direct investment in developed and developing countries and doing business in the European Economic Community and with non-market economies.
Securities Regulation (3 credits)
Studies federal and state regulation of securities transactions, including marketing, registration, trading, and reporting. (Prerequisite: Corporations)
Unincorporated Business Entities (2 credits)
Studies the formation and operation of unincorporated business, including sole proprietorship, partnerships, and limited liability companies. Topics include agency concepts and the rights and liabilities of those owning and managing unincorporated business forms.
Additional business or transactional electives (in consultation with advisor).**
*Students have the option of taking additional electives above the 24 required units. However, students must verify the terms of their visa if electing to take additional credits that may take more than one year to complete.
**Work experience opportunities through internships or other programs may be available.