Law Of International Trade Transport

law of international trade and transport

main aims of the unit

The main aim of this unit is to introduce learners to the rules, principles, statutes and issues governing the law of international commercial transactions with particular emphasis on shipping trade and transport.

 

learning outcomes for the unit

Upon successful completion of the course students will be able to:

• Explain the principles of the law of agency.
• Enumerate the terms and conditions of the international sale of goods.
• Understand the different types of international sales contracts and the point at which risk passes from the seller to the buyer.
• Explain the remedies available in international sales contracts
• Give an account of the importance of bills of lading in international trade
• Describe the nature of the duties of a carrier.
• Describe the implied duties of a carrier

Learning and teaching methods/strategies used to enable the achievement of learning outcomes:

Learning takes place on a number of levels through lectures, class discussion including problem review and analysis. Formal lectures provide a foundation of information on which the student builds through directed learning and self managed learning outside of the class. The students are actively encouraged to form study groups to discuss course material which fosters a greater depth learning experience.

 

entry requirements

• Certificate in Shipping Operations and Practice
• An approved Certificate or Diploma in a relevant area of study

Relevant experience is taken into consideration for students 21 years of age and over who have not completed any formal qualifications.

 

main topics of study

Agents in international trade transactionsTrade

• Creation of agency
• Duties of agents
• Termination of agency
  
  

Terms and conditions in sale of goods

• Contract of sale
• Terms of a contract
• Conditions, warranties and representation
  
  

International sales contracts

• Ex work
• Ex ship
• Free alongside ship
• Carriage Insurance Freight (CAF)
  
  

Remedies in international sales

• Buyer remedies
• Seller’s remedies
• Reservation of title
• Property in goods
• Passing of property
• Risk and property
  
  

Bills of lading

• Trade practice
• Functions
• Charter party and Bill of lading
• Duties of the carrier
• Seaworthiness
• Deviation
• Dangerous goods
• Laytime and demurrage
• Hague-Visby rules
• Hamburg Rules
• Documentary credits
• Arbitration
  
  
  

indicative reading for this unit

main text

Law of International Trade J. Church (Thomson, Sweet and Maxwell)

alternative text and further reading

Bes’ Chartering and Shipping Terms Lopez, Norman J.

Barker & Howard Ltd., London.

Lloyd’s List (Market Reports)

 

guideline for teaching and learning time

(10 HOURS PER CREDIT)

50 hours - lectures / seminars / tutorials / workshops:

Tutorial support includes feedback on assignments and may vary by college according to local needs and wishes.

50 hours - directed learning:

50 hours - directed learning:

100 hours - self managed learning:

Working through the course text and completing assignments as required will take up the bulk of the learning time. In addition students are expected to engage with the tutor and other students and to undertake further reading using the web and/or libraries.

 

assessment methods

Final Examination: 70%

Coursework: 30%