Law of International Business

SHE level 11
SCQF credit points 15
ECTS credit points 7.5
Module code MMM130283
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

Module structure

Activity Total hours
Lectures 22
Tutorials 0
Practicals 0
Seminars 11
Independent Learning 67
Assessment 50
Placement 0

Assessment methods

Component Duration Weighting Threshold Description
Course Work001 50 45 First essay, 2,000 words
Course Work002 50 45 Second essay, 2,000 words