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ASSIGNMENT
DRIVE SPRING 2014
PROGRAM MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM 4)
PGDIB (SEM 2)
SUBJECT CODE &
NAME
IB0017 –International Business Environment and International
Law
BK ID B1414
CREDIT & MARKS 4 CREDITS, 60 MARKS


Q.No Questions Marks Total Marks
1 Explain PEST analysis. How is it used in international business?
PEST
usage

8
2
10
2 Explain the various incoterms involved in international contract.
incoterms

10 10
3 Discuss the general principles of the Law of Contract. What is an agreement?
Law of contract principles
Agreement

7
3
10
4 Write short notes on:
a) Letter of credit
b) Export financing
a) Meaning and role of letter of credit
b) meaning and role of Export financing

5
5
10
5 Discuss the rights of an unpaid seller. What are the remedies available to the
buyer against seller for breach of contract?
Rights of unpaid seller
Buyer’s remedies

5
5
10
6 What are the modes of settlement of disputes in international business? Discuss.
Modes of dispute settlement

4
6

10


Note – Answer all questions. Kindly note that answers for 10 marks questions should be
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approximately of 400 words. Each question is followed by evaluation scheme.
















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