International Finance, Documentary Requirements, and Logistics

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assignments_grad-_criteria.docx

Assignment 1 Grading Criteria

Maximum Points

Discussed the method of payment that your company would find acceptable.

4

Prepared a letter to the Chinese company explaining the best options, your company’s preference, and reasons why this option is fair to both parties.

12

Provided information on how you can address their concerns about the quality and damage issues.

4

Prepared a letter to your client providing the various methods and costs for transporting the safes using several of the most relevant Incoterms.

4

Suggested the most appropriate method of transportation, and provided transit times from Detroit Michigan to Shanghai, China.

4

Discussed the documents that will be necessary for this shipment and provided a brief description of the purpose and use of each document as well as the party responsible for creating the document.

8

Evaluated the possible legal ramifications for each party resulting from the loss of the cargo.

4

Reviewed the submissions of at least two of your classmates and provided a balanced feedback, evaluating the business and legal implications of the responses to each question.

8

Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources, displayed accurate spelling, grammar, and punctuation.

4

Total:

52

Assignment 2 Grading Criteria

Maximum Points

Evaluated the various methods of financing and the risks of financial transactions when buying and selling goods and services to foreign countries.

16

Analyzed what are the legal requirements for these documents.

12

Related the use of Incoterms to import and export contracts and included copies of documents for reference in your guide.

8

Discussed the laws that govern the transportation of goods from one country to another.

8

Analyzed the roles and responsibilities of the buyer, seller, carrier, and freight forwarder and evaluated which party is liable in the event goods are damaged in transit.

12

Analyzed how finance, documents, and logistics are affected by culture, ethics, and e-commerce.

12

Made note of any pending regulations or laws that could affect your company in the future.

8

Reviewed the responses submitted by at least two of your classmates and provided a balanced feedback, addressing the inclusion or absence of relevant clauses.

8

Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources, displayed accurate spelling, grammar, and punctuation.

4

Total:

88