Dr Solene Rowan NAB 7.26

Additional Teachers: Professor Michael Bridge, Dr Jan Kleinheisterkamp

This course is available on the BA in Anthropology and Law and LLB in Laws. This course is available with permission as an outside option to students on other programmes where regulations permit. This course is not available to General Course students.

Completion of LL104 - Law of Obligations is normally a prerequisite.

Objectives:

LL202 Commercial Contracts comprises a study of the general principles of English law governing commercial contracts. Its examination of this subject-matter divides into two parts. Part 1, ‘Fundamentals of Commercial Contracting’ examines several important aspects of, or themes in, the law’s regulation of commercial contracting. The topics are chosen because of their intrinsic interest, and because of the opportunity offered for an advanced contextualised examination of contract law fundamentals. Part 1 therefore explores the process of commercial contracting; long-term relationships; multi-party transactions; agreed remedies; and alternative dispute resolution. Part 2, ‘Fundamentals of Commercial Law’ examines core topics in commercial law. It begins by examining the sale of goods contract, before proceeding to examine several important allied topics: money, payment and payment methods; credit, security and reservation of title; agency; and assignment.

Topics are likely to include:

Part 1 – Fundamentals of Commercial Contracting

• Freedom of contract.
• The formation of commercial contracts and their interpretation.
• Pre-contractual duties.
• Long-term contracts and business relationships.
• Multi-party projects.
• Agreed remedies and ADR.
• International contracting.

Part 2 – Fundamentals of Commercial Law

• Contracts for the sale of goods.
• Money, payment and payment methods.
• Credit and security.
• Agency.
• Assignment.

20 hours of lectures and 9 hours of classes in the MT. 20 hours of lectures and 10 hours of classes in the LT. 4 hours of lectures and 2 hours of classes in the ST.

One formative essay per term.

The principal textbooks for the course are: H Collins, Law of Contract, 4th edn (2003), and R Goode, Commercial Law, 4th edn (2010).  Most of the materials relevant to the course are to be found in: H Beale, W Bishop and M Furmston, Contract: Cases and Materials, 5th edn (2008); and L Sealy and R Hooley, Commercial Law, 4th edition (2008).

Exam (100%, duration: 3 hours, reading time: 15 minutes) in the main exam period.