How to Avoid Traps in International Trade
Why take this course?
🌐 Master International Trade with "How to Avoid Pitfalls and Traps" 🌍
Course Title: How to Avoid Pitfalls, Tricks and Traps in International Trade
Instructor: Sook Ling Fong
🚀 Course Description: Are you ready to navigate the complex waters of international trade without falling into its many traps? With over 13 real-life legal case studies, this comprehensive online course is your ultimate guide to understanding and avoiding the common pitfalls in international trade transactions. Let's dive into the intricate world of import/export, logistics, finance, and contracts through a lens of caution, learning from the experiences of others.
What You'll Learn:
- 📦 Risk Management for Exporters: Discover how a House Bill of Lading can pose significant risks and learn why using FOB might not always be in your favor.
- 💳 Importer Fraud Alert: Uncover the dangers of forged documents in Letter of Credit transactions and protect yourself from financial loss.
- ⚖️ Legal Lessons from Case Studies: Get insights into court judgments on international trade cases and understand the key learning points from each scenario.
- 🏫 Han Jin Bankruptcy Case: Learn from an Importer's harrowing experience after the Han Jin bankruptcy and how it affected global supply chains.
- 💰 Liability in Letter of Credit Transactions: Understand the consequences of using an LC to pay for past shipments and who holds the responsibility in such cases.
- 📝 Documents & Fraud: Find out why backdating a Bill of Lading is illegal and how it can lead to serious repercussions.
- 🚨 Triad Syndicates Warning: Be aware of the risks associated with Triad Syndicates operating within international trade.
- 🏦 Bank's Liability under UCP500: Explore a case where an Issuing Bank was liable to pay US$1.2 million due to non-compliance with Article 14 of UCP500.
- 🌍 Global Fraud & Compliance: Learn how to safeguard against fraud and ensure compliance in international trade transactions to avoid costly mistakes.
- 🚢 Incoterms DAP Twist: Understand the complexities and risks associated with the 'Delivered at Place' (DAP) Incoterm when both the Seller and Buyer can suffer losses.
- 🏗️ CIF Importing Risks: Discover why importing under CIF terms can be risky and how to mitigate these risks.
Course Highlights:
- Real-Life Case Studies: Learn from actual cases that highlight common international trade pitfalls.
- Lifetime Access: Engage with the course material anytime, anywhere.
- Expert Support: Get fast and friendly support in the Q&A section whenever you need it.
🎓 Who Should Enroll? This course is perfect for:
- 🇺🇸 Importers & Exporters
- 🏭 Manufacturers & Traders
- 🏛️ Bankers & Insurers
- ⚫️ Freight Forwarders & Carriers
Course Requirements: A basic understanding of Letters of Credit and Incoterms will help you get the most out of this course.
Ready to avoid the common traps in international trade? Enroll in "How to Avoid Pitfalls and Traps" today and become an expert in navigating the complexities of global commerce. 📚✈️
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