module specification

LL7167 - Financing of International Sales (2023/24)

Module specification Module approved to run in 2023/24
Module title Financing of International Sales
Module level Masters (07)
Credit rating for module 20
School Guildhall School of Business and Law
Total study hours 200
 
50 hours Assessment Preparation / Delivery
140 hours Guided independent study
10 hours Scheduled learning & teaching activities
Assessment components
Type Weighting Qualifying mark Description
Coursework 100%   A piece of written coursework (3,000 words maximum)
Running in 2023/24

(Please note that module timeslots are subject to change)
Period Campus Day Time Module Leader
Spring semester LMET Distance Learning Thursday Evening

Module summary

This module offers an introduction to documentary credits. Students will learn about the function of a letter of credit.

 

MODULE AIMS

 

On successful completion of this module, the students will be able to:

 

  • critically research, analyse and debate contemporary legal issues surrounding international trade, such as comparing, contrasting and evaluating conflicting views, in a cogent and measured written presentation.
  •  
  • independently research and advise on problem-based case studies, involving synthesis, critical analysis, appraisal and the application of the principles of international trade law.
  •  
  • develop their ability to apply knowledge through a series of practical exercises.
  •  
  • develop their ability to construct legal arguments.

Prior learning requirements

No pre-requisites. Not available for Study Abroad.

Syllabus

  • Introduction to letters of credit
  • The UCP 600
  • Opening of a letter of credit
  • Principles permeating letters of credit
  • Compliant presentation
  • Compliance or strict compliance?

Balance of independent study and scheduled teaching activity

Overview

 

Students will be taught by a combination of online lectures, interactive online seminars, one-to-one supervision, and self-study of a comprehensive module, with students encouraged to read from specified case law and legal journals. Students will be given the opportunity to discuss theoretical issues as well as practical problem solving.  Students will be supported in undertaking on-line research using electronic law databases and encouraged to use on line legal resources on a regular basis. There is a virtual learning environment containing handbooks, lecture notes, weblinks, discussion groups, study skills materials and assessment criteria. 

 

Experiential Learning

 

Students will be encouraged to respond to realistic case-studies relating to the sector, giving written legal opinions to clients in the style of a professional legal advisor. As an alternative core for the LLM award, students will be able to undertake and experiential learning project. Students will also be able to participate in the extracurricular experiential learning offered within the Law School, including the Pro Bono Clinic and the Mooting Club.

 

Study Support

 

Students will have regular access to module tutors by email and by one-to-one video conferences to support their studies. They will also engage with one formative assessment for each module, which will be marked promptly with opportunities for feedback either by email or individual online discussion.

Learning outcomes

On successful completion of the module, you will be able to do the following:

 

  1. Research and manage legal information from paper and IT resources and present competent legal arguments in writing.
  2. Synthesise relevant case law, statute and international conventions.
  3. Understand and present conflicting arguments and apply the law to problem scenarios relevant to all aspects of the law on carriage of goods by sea.

Assessment strategy

The module adopts the assessment strategy principles of GSBL which have been developed in the spirit of ESJ. These are:

 

  1. The School is committed to ensuring that each student should not have more no more than 2 assessment points per 20 credit module.
  2. We provide balanced forms of assessment, both in terms of its overall volume (measured in terms of assessment points and output required and the types used.
  3. Group activities are part of the learning and teaching strategies but assessment is at the level of the individual. Thus, assessment focused on individual reflections and learning from participating in a group activity.
  4. Flexibility/choice in assessment methods will be introduced wherever possible in order to facilitate different learning studies and support personalization

 

Assessment of the module will be by way of coursework, giving a choice of either a critical analysis of contemporary issues and/or experiential employment-related practical exercises.

 

In line with our policy on facilitating formative feedback to students, the assessment strategy is designed to provide formative feedback on a piece of contributing summary assessment before another summative component is due to be submitted.

 

 

Bibliography

https://rl.talis.com/3/londonmet/lists/B60CC9C6-3F7A-E712-79D3-5F1791A8CA40.html?lang=en-US&login=1