Programme Specification and Regulations 2011-2012 - EMFSS Old Regulations

Table of Contents

1. University of London International ProgrammesProgramme Specification and Regulations for Economics, Management, Finance and the Social Sciences (Old Regulations)
2. Important information regarding the Programme Specification and Regulations
3. Programme Specification
4. Detailed Regulations
5. Annex A: Structures - Degrees
6. Annex A: Structures - Diplomas for Graduates
7. Annex A: Structures - Diploma in Economics and Diploma in Social Sciences
8. Annex A: Structures - Selection Groups
9. Annex B - Syllabuses for Economics, Management, Finance and the Social Sciences
10. Annex B - Laws syllabuses
    1. LA1010 Criminal law
    2. LA1020 Public law
    3. LA1031 Common law reasoning and institutions
    4. LA1040 Elements of the law of contract
    5. LA3001 Law of tort
    6. LA3002 Law of trusts
    7. LA3003 Land law
    8. LA3004 Civil and criminal procedure
    9. LA3005 Jurisprudence and legal theory
    10. LA3007 Evidence
    11. LA3008 Administrative law
    12. LA3012 History of English law
    13. LA3013 Public international law
    14. LA3014 Conflict of laws
    15. LA3016 Succession
    16. LA3017 Commercial law
    17. LA3018 Labour law
    18. LA3019 Family law
    19. LA3021 Company law
    20. LA3024 EU law
    21. LA3025 Criminology
    22. LA3026 Intellectual property
    23. LA3028 Introduction to Islamic law
    24. LA3029 International protection of human rights
11. Annex C: Credits and accreditation of prior learning
12. Annex C: Table of Automatic Accreditation of Prior Learning 2011-12
13. Annex D: Scheme of award
14. Annex E: Assessment Criteria
15. Glossary of terms
16. Related documents and other sources of information
17. Corrections

LA3017 Commercial law

(a) Agency

• define the term 'agent'
• explain how an agency is created
• discuss the scope of the agent's authority
• explain the rights and obligations owed by the principal and by the agent to the third party
• explain the rights and obligations owed by the third party to the principal and to the agent

(b) Sale of goods

• discuss the approach taken to interpretation of the Sale of Goods Act 1979
• analyse the components of the definition of a contract of sale
• explain the circumstances in which property in goods is passed
• identify how risk is passed
• understand the nemo dat rule
• discuss and illustrate the exceptions to nemo dat rule
• explain the duties of the seller to deliver and the buyer to accept goods
• discuss the implied terms in ss.12-15 of the Sale of Goods Act 1979
• discuss the relationship between the different implied terms
• outline the limits imposed on attempts by the seller to exclude or restrict liability for breach of the implied terms
• understand and discuss the rules on acceptance
• explain the remedies available to the buyer and the seller where there is a breach of the sale contract
• explain the use of retention of title clauses and the limits of such clauses.

(c) International sale contracts

• identify the key characteristics of cif and fob contracts
• analyse the distinctions between cif and fob contracts
• discuss the duties of the seller and buyer under cif and fob contracts
• explain the remedies available to the seller and buyer under cif and fob contracts
• understand the general issues involved in the use of electronic documentation and the effect of international agreements on the terms of international sale contracts

(d) Payment

• define and identify the characteristic features of a documentary credit
• explain the significance of the Uniform Customs and Practice for Documentary Credits (UCP)
• identify the different types of documentary credit
• explain the steps involved in the opening of a credit
• analyse the various contractual relationships
• discuss the strict compliance and autonomy of the credit rules
• explain the rights and obligations of the parties.

A student is permitted to bring into the examination room the following specified documents: one copy of each of the following: Factors Act 1889; Misrepresentation Act 1967; Supply of Goods (Implied Terms)Act 1973; Unfair Contract Terms Act 1977; Sale of Goods Act 1979; Supply of Goods and ServicesAct 1982; Consumer Protection Act 1987; Sale and Supply of Goods Act 1994; Sale of Goods (Amendment) Act 1995 and one copy of Blackstone's Statutes on Commercial & Consumer Law (OUP).