COMMERCIAL LAW - INTERNATIONAL SALES - 2019/0
Module code: LAW3068
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.
School of Law
HOLT Richard (Schl of Law)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 6
JACs code: M221
Module cap (Maximum number of students): N/A
Prerequisites / Co-requisites
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
|Assessment type||Unit of assessment||Weighting|
|Examination||2 HOUR EXAM||100|
The assessment addresses all learning outcomes listed above.
Summative Assessment: 2 hour exam
Formative Assessment: 1hour exam with appropriate individual and group feedback
The assessment method for each module has been selected to test a variety of key skills, competences and outcomes as required by QAA. As such, assessment method cannot be changed. Reasonable adjustment may be made on application subject to ALS approval AND only where such adjustment still allows for the required skills, key competences and outcomes to be assessed at an equivalent level.
- 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.
|1||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|
|2||Critically analyse and evaluate the role of standard trade terms and INCOTERMS 2010 in international sales of goods.||CPT|
|3||Demonstrate a critical understanding of how international sale contracts are financed.||KC|
|4||Critically evaluate how carriage of goods by sea contracts inter relate with international sale contracts.||KC|
|5||Critically analyse and evaluate the importance of jurisdiction, choice of law and arbitration in international sale contracts.||KCPT|
|6||Critically evaluate the importance of marine insurance.||K|
|7||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|
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Overall student workload
Independent Study Hours: 122
Lecture Hours: 22
Tutorial Hours: 6
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.
Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.
Reading list for COMMERCIAL LAW - INTERNATIONAL SALES : http://aspire.surrey.ac.uk/modules/law3068
Programmes this module appears in
|Law LLB (Hons)||2||Optional||A weighted aggregate mark of 40% is required to pass the module|
|Law with Criminology LLB (Hons)||2||Optional||A weighted aggregate mark of 40% is required to pass the module|
|Law with International Relations LLB (Hons)||2||Optional||A weighted aggregate mark of 40% is required to pass the module|
|Law (JD Pathway) LLB (Hons)||2||Optional||A weighted aggregate mark of 40% is required to pass the module|
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 2019/0 academic year.