COMMERCIAL LAW - INTERNATIONAL SALES - 2017/8

Module code: LAW3068

Module provider

School of Law

Module Leader

HOLT R Mr (Schl of Law)

Number of Credits

15

ECT Credits

15

Framework

FHEQ Level 6

JACs code

M221

Module cap (Maximum number of students)

N/A

Module Availability

Semester 2

Overall student workload

Independent Study Hours: 122

Lecture Hours: 22

Tutorial Hours: 6

Assessment pattern

Assessment type Unit of assessment Weighting
Examination 2 HOUR EXAM 100%

Alternative Assessment

N/A

Prerequisites / Co-requisites

None  

Module overview

The module covers the law relating to the relationships that exist between the seller and buyer located in different jurisdictions in the context of international sales of goods and examines the international conventions, principles and rules that affect their relationship.

Module aims

This module aims to: familiarise students with the area of international commercial law and to promote in them a critical awareness of the role of the law in regulating the conduct of the parties to an international sale contract.  The areas that students will engage with are the following: The significance of standard trade terms such as CIF and FOB in international commercial contracts.

The financing of international sale contracts.

The relationship of the carriage of goods by sea contract to the international sale contract.

The importance of jurisdiction and choice of law to the different contracts.

Resolution of disputes by arbitration.

An overview of marine insurance and its relationship to the international sale contract.

The financing of international sale contracts.

The relationship of the carriage of goods by sea contract to the international sale contract.

The importance of jurisdiction and choice of law to the different contracts.

Resolution of disputes by arbitration.

An overview of marine insurance and its relationship to the international sale contract.

Learning outcomes

Attributes Developed
Critically evaluate the significance of international conventions, model laws and rules drafted by the International Chamber of Commerce in addressing the problems encountered by the seller and buyer in international business transactions. KC
Critically analyse and evaluate the role of standard trade terms and INCOTERMS 2010 in international sales of goods. CPT
Demonstrate a critical understanding of how international sale contracts are financed. KC
Critically evaluate how carriage of goods by sea contracts inter relate with international sale contracts. KC
 Critically analyse and evaluate the importance of jurisdiction, choice of law and arbitration in international sale contracts. KCPT
 Critically evaluate the importance of marine insurance. K
Critically engage with and apply the knowledge of the primary and secondary legal authorities to solve complex problems reflecting actual commercial situations and to answer complex essay questions. KCPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:

•        The law relating to standard trade terms (CIF and FOB) under common law and INCOTERMS

           2010

•         Carriage of Goods by Sea

•         Financing of international transactions

•        Marine Insurance

 Jurisdiction, Choice of law

Arbitration.

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

Provide an overview of the topics to enable the students to understand the essential principles of each topic and their commercial significance.  The lectures and lecture outlines introduce students to cases (where applicable) and texts to enable them to deepen their knowledge of the topics.

The tutorials are intended to be occasions when students can demonstrate their knowledge and ability to apply it to tutorial questions set prior to the tutorial.  The tutorials are designed to be student-led.

The teaching and learning strategy is designed to stimulate private study using primary and secondary sources, both paper-based and electronic.  The aim of the strategy is to develop an understanding and critical awareness of the essential principles and underlying policies of commercial law at the national level.

The learning and teaching methods include:

One 2-hour lecture weekly plus one six 1-hour tutorial fortnightly (4 tutorials).  Lectures and tutorials supported by handbook and specimen questions.

The assessment strategy is designed to provide students with the opportunity to demonstrate that they both have understood coherently the key commercial concepts covered in the module and the have met the listed learning outcomes.

Thus, the summative assessment for this module consists of:

A two hour closed book examination

 Formative assessment and feedback

 A mock examination enables students to receive feedback.

 

Assessment Strategy

The assessment addresses all learning outcomes listed above.

Summative Assessment: 2 hour exam

Formative Assessment: 1hour exam with appropriate individual and group feedback

Reading list

Reading list for COMMERCIAL LAW - INTERNATIONAL SALES : http://aspire.surrey.ac.uk/modules/law3068

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.