변호사처럼 생각하기

Question 1

legal rules

Answer 1

Elements(preconditions) + legal consequences

Question 2

CISG?

Answer 2

Convention on the International Sale of Goods
(UN)

Question 3

Statutory interpretation

Answer 3

Literal
Contextual
Teleological (telos = purpose)
Comparative
Historical

Question 4

hierarchy of laws

Answer 4

European Union Laws&raquo_space;>

Constitution >

Laws passed by the parliament (e.g. Civil code, Children’s act), & international laws >

laws passed by the administrative bodies (e.g. High education act of the state of Berlin, and then 각 학교에 위임됨)

Question 5

If an Executive power wants to sign the international agreement

Answer 5

Parliament should agree. Ratification

Question 6

Hierarchy - EU laws

Answer 6

Primary EU law: Treaty of the European Union, Treaty on the Functioning of the European Union

Secondary EU law: Regulations, Directives, Decisions

Question 7

EC?

Answer 7

입법 제안하는 곳. 각 국가의 Part of the sovereign power 를 위임받은 주체들.

Question 8

Supremacy of EU law
Explain

Answer 8

EU law overrides any kind of national law
Developed by ECJ case law (european court of justice)

Question 9

Hard law, soft law?

Answer 9

Can be enforced by the state —> hard law

Hard law: EU law,national law
Soft law: International law (cannot be enforced, limited by state’s sovereignty)

Question 10

성문법의 원칙

Answer 10

1. 상위법 우선: 헌법> 법률> 명령> 규칙
2. 특별법 우선: 특별법 > 일반법
3. 신법 우선: 신>구

Question 11

판례의 법적 구속력?

Answer 11

판례가 법은 아니니 법적 구속력은 없지만, 사실상의 구속력이 있음. 과거 대법원의 판결을 부정하지 않기 위해 선례와 같이 판결하는 경향이 있기 때문.

시대 흐름에 따라 과거 대법원의 판례를 바꿀수 있는데, 대법원 전원 합의체로 2/3 이상 동의 필요
(법적 안정성을 해하지 않기 위함)

Question 12

What are relevant for 유럽연합의 conflict rules

Answer 12

Harmonized conflict rules

Law of obligations (contracts, torts)
Property and succession
Family law (marriage, divorce, childeren)

Question 13

Who are energy traders?

Answer 13

1. Energy companies (e.g. Exonmobil)
2. Trading houses (e.g. Vitol)
3. Financial institutions (e.g. Goldman Sachs)
4. Sovereign entities (e.g. Mexico)

Question 14

Derivatives?

Answer 14

A derivative is a financial instrument whose value depends on the underlying asset.

Question 15

4 Types of self-consumptions

Answer 15

1. Net-metering: balance between injected & consumed power with same tariff
2. Net-billing: balance between injected & consumed power with different tariff
3. Zero feed-in: allowed installation of system with condition of no-feeding excess on grid
4. Wheeling: balance between injected & generated energy not necessarily in same location and different tariffs.

Question 16

Destination restrictions <-> flexibility?

Answer 16

Seller can deliver an LNG cargo to any terminal in Southeast Asia (as an example)

ASEAN 내에서도 계절성이 다르기 때문에 (동북아는 겨울에 수요가 피크인 반면 남아시아는 그렇지 않음), 그리고 국가별로 신용도 등 파이낸싱 능력이 다르니까 이렇게 자율성을 부여하면 유동성이 높아질 것이라는 글이었음.

Question 17

Rationale of linking crude oil price to LNG?

Answer 17

Oil has a liquid and established market, traders can hedge their positions easily.

Question 18

FSRU?

Answer 18

Floating storage and regasification unit

Permanently moored near shore, fast-track LNG import solution

Question 19

Quant trading?

Answer 19

Buy side: trader, analyst
Sell side: hedge funds, investment funds

Question 20

Tick data?

Answer 20

The smallest unit of data in the financial market.

Trade data, Quote data (호가) 로 나뉨

Question 21

금융시장에서 오더의 구분

Answer 21

시장가 (market order): immediately. 따라서 liquidity taker’s order.
지정가 (limit order): 내가 원하는 가격에. Liquidity provider

Question 22

Open outcry?

Answer 22

Pit 에 모여서 호가 쩌렁쩌렁하게 거래 의사 타진하는것.

가장 오래된 거래소는 CBOT (Chicago Board of Trade)

Question 23

LNG value chain ?

Answer 23

1. Sub surface reservoir 에서 natural gas 추출
2. Non hydro carbons 제거 (including H2S_ hydro sulfide, N2_ nitrogen, CO2, H2O)
3. Through pipeline, to the Liquefaction factory (Cooled to be liquid)
4. Large insulation tanks 에 모음
5. LNG ships에 태움
6. 도착하면 At terminals, to insulation tanks —> regasification —> pipeline

Question 24

법의 분류

Answer 24

공법(public law) / 사법(private law)
일반법(general law) / 특별법(special law)
성문법(civil law) / 불문법(presidential law)

Question 25

Brussels has scrambled to come up with a convincing counter but its latest industrial plan
falls short. A hodgepodge of airy pledges, rejigging existing pots of money, and auctions for
hydrogen production will do little to usher in a new green industrial revolution in the EU

Answer 25

hedgepodge: 뒤범벅(된 것)
rejig: 변경하다, 재조정하다