Facts about the course
- ECTS Credits:
- Responsible department:
- Faculty of Logistics
- Course Leader:
- Arild Hoff
- Lecture Semester:
- 1 week
LOG904-176 Transport Law, Insurance and Incoterms (Autumn 2021)
About the course
In every sale/purchase (around the globe), a trade term / delivery term is included. Either as a specific term named and stated, or the actual term has to be interpreted out from the contract.
The most common general used trade terms are the Incoterms®, and the aim of the seminar is to give the students a knowledge of trade terms/delivery terms in general, with an in depth knowledge of the Incoterms®.
The Incoterms® is part of both the Sales Law as well as the Transport Law (logistics), and Insurance Law, and hence a vey useful tool when working with Sale, Purchase og Logistics (Planning, Forwarding and Transport).
The formalities in order to engage in Logistics operations in a Country (ref. Cabotage etc. with Focus on Norway).
The background of, and need for trade terms/delivery terms in general.
Focus on Incoterms®, including an in depth study of both what Incoterms® do and don’t do, as well as detailed analysis of the 11 different Incoterms®.
Insurance Law and the need for Insurance and the link to Incoterms®
About the International Chamber of Commerce in Paris (the ICC) as such, and its Commissions and work scope
The course is connected to the following study programs
Forms of teaching and learning
Three hours of lectures per day and case studies in groups
Case presentations by students in class
Home assessment without presentation
Grading scale:Letter (A - F)