LL7167 - Financing of International Sales (2024/25)
Module specification | Module approved to run in 2024/25 | ||||||||||
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 | ||||||||||
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Assessment components |
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Running in 2024/25(Please note that module timeslots are subject to change) |
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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:
- Research and manage legal information from paper and IT resources and present competent legal arguments in writing.
- Synthesise relevant case law, statute and international conventions.
- 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.
Bibliography
https://rl.talis.com/3/londonmet/lists/B60CC9C6-3F7A-E712-79D3-5F1791A8CA40.html?lang=en-US&login=1