SHE level 10 SCQF credit points 20 ECTS credit points 10 Module code MHM130400 Module Leader Manos Magkanaris School Glasgow School for Business and Society Subject Law Trimester A (September start)
Summary of content Selling and purchasing goods across territorial borders constitutes a sophisticated commercial activity. International trade involves various contracts, including letters of credit and contracts of sale, carriage and insurance, all of which are of concern to traders whilst performing this activity for profit. In pursuit of certainty and predictability, traders around the world typically refer to a specific body of law in their sale contracts as the governing law. This module offers a study of the rights and obligations of buyers and sellers under contracts for the international sale of goods. The module topics include the following: Introduction to the law of international trade, the workings of international trade, the key concepts, the regulatory framework and Incoterms 2020, passing of risk and property, CIF and FOB sales, functions and significance of bills of lading and other shipping documents, multimodal transportation and multimodal transport documents, payment methods, letters of credit and UCP600, remedies for breach of the sale contract and the governing law and jurisdiction in the international sale of goods.
Module details Syllabus arrow_forward • Basic Aspects of International Sales Contracts • The international sales contract • The INCOTERMS and the rights and obligations of exporters and importers • The ancillary contracts required for FOB and CIF transactions • Carriage of Goods by Sea - Charterparties and the Hague-Visby Rules • Marine Insurance: Contracts and Policies • Marine Insurance: Types of Cover, Loss and Indemnity • Methods of Payment and More Sophisticated International Commercial Contracts • Direct Payment, Bills of Exchange and Documentary Credits • The Rules of the Uniform Customs and Practice for Documentary Credits • Appointing an Agent, Distributor, Franchisee or Licensee • International Licensing Agreements • Establishing a Presence in a Foreign Market: Subsidiaries, Takeovers and Joint Ventures • Conflict of Laws, Arbitration and Other Forms of Dispute Resolution
Learning outcomes arrow_forward On successful completion of this module, the student should be able to: 1. Demonstrate a comprehension of the principles of the substantive areas of law, as set out in the syllabus. 2. Analyse a given set of facts so as to identify the relevant legal issues arising therefrom, explain the relevant law and apply it so as to take appropriate action. 3. Identify, analyse and synthesise the legal issues arising in practical problems. 4. Appraise and synthesise legal concepts so as to construct a persuasive argument using recognised legal sources in justifying their application to a given set of facts. 5. Communicate confidently with legal experts on a range of legal matters. 6. Demonstrate an understanding of solutions to legal challenges including issues related to choice of law and conflict of laws. 7. Demonstrate an understanding and application of relevant principles of responsible management education in in all learning outcomes. 8. Demonstrate an ability to extend collective knowledge of the challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges. SDG Learning Outcome: demonstrate an ability to explore ethical and socially responsible responses to issues arising within the context of the law of international trade, including the promotion of peace, justice and strong institutions.
Teaching / learning strategy arrow_forward GSBS will continue to use the advancement of GCU Learn as a blended learning tool through its teaching and learning as well as through engagement with students. GSBS will ensure that all modules are GCU Learn enabled and with the support of the Learning Technologists at the cutting edge of development of online materials. Academic staff and the Learning Technologists will continue to work together to develop and operate all modules on GCU Learn to ensure student support and information sharing. Students are provided with formative and summative feedback via a variety of mechanisms. In line with Strategy for Learning 2030, the module will be delivered over one trimester. Students will attend lectures and seminars. The structured seminar and directed studies programme of learning to be undertaken encourages active, student-centred learning which enables students to access and analyse a variety of primary and secondary source material in order to address and solve set questions and case studies. Internationalisation: The delivery of this module will set Scots, UK and EU law as appropriate in an international context. Feedback will be provided to students as follows: 1. Students will be provided with feedback within three weeks of submission of all summative assessments providing information on strengths, weaknesses and suggestions for corrective action to be applied in future submissions. The tutor will also provide generic feedback at the seminars where coursework will be handed back. Students may also discuss any points with their lecturer or tutor. The virtual learning environment site will be used to feedback overall performance by students on all summative assessments highlighting overall strengths and weaknesses. Discussion boards will be used to encourage teacher and peer-to-peer dialogue on certain topic areas where this form of communication would be regarded as effective. 2. Student feedback on teaching, learning and assessment will be sought at the end of the
Transferrable skills arrow_forward By the end of this module students should have gained competence in the following key areas: Analysis, Synthesis, Critical Judgement and Evaluation The ability to identify issues, assimilate, evaluate and analyse information to construct written or oral solutions to a problem by bringing together and integrating relevant information, and selecting key material, from a variety of different sources. The ability to present arguments for and against propositions, acknowledging ranking of sources and relative impact in context. Such skills are developed within this module through the following activities: · Preparing for and participating in seminars/tutorials · Preparing for and delivering group and individual presentations · Preparing for and delivering group portfolio · Preparing for and delivering reflective seminar reports Personal Management, Independence and Ability to Learn The ability to organise and prioritise effectively the expenditure of time and effort in the performance of all aspects of student work. The ability to learn effectively and be aware of their own learning strategies; to manage their own learning development and to reflect upon their learning, seeking and making use of feedback. Such skills are developed within this module through the following activities: · Preparing for lectures · Consolidating material delivered at lectures · Supplementing delivered material with additional reading · Reflecting on lecture, hand-out and self-searched material · Preparing for and participating in group meetings and other group activities · Preparing for and participating in seminars/tutorials · Preparing for and delivering group and individual presentations · Preparing for and delivering group portfolio · Preparing for and delivering reflective seminar reports Communication and Literacy The ability to communicate information, ideas, advice and choices
Module structure Activity Total hours Lectures 22 Tutorials 0 Practicals 0 Seminars 11 Independent Learning 117 Assessment 50 Placement 0
Assessment methods Component Duration Weighting Threshold Description Course Work001 100 40 Essay 4000 words