Commercial law is concerned with obligations between parties to commercial transactions and the
relationship with rules of personal property. Students are expected to become familiar with the
significance and implications of: ownership of or title to goods; the transfer of title and
its effect on third parties; the passing of property between buyer and seller; the significance
of possession; and responsibility for risk of loss of or damage to goods and its transfer from
one party to another. Familiarity with the general ideas underlying contract, tort and trust law
will provide a useful background. Emphasis is placed on both knowledge of principles and the ability
to apply the rules of law to achieve practical solutions to practical problems.