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International commercial law LA3009

This module will develop critical understanding of key aspects of, and debates in, commercial law in an international context.

It will consider the context, history, drivers and sources of international commercial law as well as mechanisms for dispute resolution.

Topics covered

  • The nature of international commercial law. Discuss the nature of International Commercial Law including its history, drivers, sources and mechanisms for dispute resolution.  
  • International sales transactions. Explain common types of international sales transactions (including FOB contracts and CIF contracts).  Outline the rights and liabilities of carriers. Identify competing international sales law regimes.
  • The Sale of Goods Act 1979. Explain the significance of the Sale of Goods Act 1979 to international sales transactions. Analyse the components of the definition of a contract of sale. 
  • The UN Convention on Contracts for the International Sale of Goods (CISG). Explain the background, application and scope of the CISG.  
  • The financing of international trade. To explain the background considerations in the financing of international trade.  
  • The future: the emergence of a new Lex Mercatoria? Discuss, in the appropriate social, economic and/or political context, possible future directions in the Law relating to international trade.

Learning outcomes

If you complete the course successfully, you should be able to:

  • Articulate well-argued solutions to complex legal questions and problems across a range of legal areas;
  • Reflect on learning, identifying areas for improvement and responding appropriately;
  • Evaluate legal issues in a social, economic and political context taking account of their policy and doctrinal importance.

Assessment

3hr 15 mins unseen examination

Essential reading

The essential reading for this course is the subject guide and reading pack provided. The extracts are from:

  • E. McKendrick, Goode on Commercial Law (5th edn., Penguin Books Ltd, London, 2017) [ISBN-13: 978-0141980522].