Module Texts
Either: Chuah, J (2009) The Law of International Trade, 4th Ed. Sweet & Maxwell, London
Or: Carr, I (2005) International Trade Law, 3rd edition. Routledge-Cavendish, London.
Or: Murray, C et al.(2007) Schmitthoff's Export Trade: The Law & Practice of International Trade 11th Ed. Sweet & Maxwell, London
Module Resources
Well stocked library
Computer facilities with internet access
Module Learning Strategies
This module will be strongly student centred. It will be delivered through a series of 5x 2 hour seminars supported by student research and personal study and there will be an additional five hours of student guidance, supervision and support. Students will follow a set pattern contained in the module handbook. A formative assessment will be used to encourage research on the subject area.
Module Additional Assessment Details
One piece of formative assessment consisting of a literature search on a given theme.
One summative assessment of 3,000 words counting for 100% (learning outcomes 1-6)
Module Indicative Content
The aim of this course is to provide an appreciation of the laws governing the payment and insurance of goods being traded on the international marketplace. We will examine the development and influence of the laws governing such export payments and insurance, legal relationships between the parties, the nature of the particular types of contracts and the rights and liabilities that arise. Emphasis is placed on the practical implications of these laws for individuals and companies trading internationally. As such the course provides academic challenge as well as day-to-day relevance for those students who may later be involved in advising on or conducting such transactions. Payment and insurance will largely be examined in the context of export goods transported by sea (for example, in insurance we will concentrate almost exclusively on marine insurance) but this merely reflects the fact that the overwhelming majority of export trading is conducted via carriage by sea.
- Financing export transactions - bills of exchange, documentary / letters of credit, UCPs, guarantees.
- Export trade insurance - marine insurance, ICCs, average.