Undergraduate Module Descriptor

LAW3019: Commercial Law

This module descriptor refers to the 2021/2 academic year.

Module Aims

The aim of this module is to develop your understanding of key aspects of commercial law, including how sales contracts are created, what rights the parties enjoy and what kind of liabilities such contracts may give rise to domestically as well as under international law; how intermediaries are used to get the goods to the market and the relations that exist between manufacturers and customers. Consideration will be given to the aims of commercial law and its efficacy in achieving its aims.

Intended Learning Outcomes (ILOs)

This module's assessment will evaluate your achievement of the ILOs listed here – you will see reference to these ILO numbers in the details of the assessment for this module.

On successfully completing the programme you will be able to:
Module-Specific Skills1. Demonstrate a thorough understanding of the main areas of commercial law in England and Wales and internationally, and be able to discuss the practical and business context in which they operate;
2. Demonstrate a critical awareness of relevant issues, and identify and analyse critically legal problems in the commercial law context; and
3. Demonstrate an awareness of pragmatic, commercial, moral, policy and/or other issues in this field.
Discipline-Specific Skills4. Read legislation and case law, and apply it critically to specific commercial situations
5. Identify and evaluate critically legal data from more than one source or jurisdiction;
6. Analyse and apply legal data to specific facts and deduce likely outcomes where law is indeterminate;
7. Analyse and apply theoretical knowledge to specific situations;
Personal and Key Skills8. Demonstrate effective and persuasive communication skills in assessments and discussion;
9. Demonstrate sound research skills; and demonstrate effective team skills;
10. Work independently, within a limited time frame, to complete a specified task.

Module Content

Syllabus Plan

Whilst the module’s precise content and order of syllabus coverage may vary, it is envisaged that it will include some of the following topics:-

Introduction to commercial law

Agency:external relationship 

Implied terms

Passing of risk and property

Remedies of the buyer

Remedies of the seller

Agency: the external relationship

Sale of goods

Sources of international commercial sales: English law and SOGA 1979, Incoterms, CIF and FOB contracts, 1980 Vienna Convention on International sale of goods

Creation of the contract: incorporation of standard terms and transport obligations

Transfer of risk and property

Seller’s duty re the goods and documents

Bills of lading

Letters of credit

Rejection and remedies for breach of contract

Learning and Teaching

This table provides an overview of how your hours of study for this module are allocated:

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
532470

...and this table provides a more detailed breakdown of the hours allocated to various study activities:

CategoryHours of study timeDescription
Scheduled learning and teaching activities4422 x 2 hour Lectures
Scheduled learning and teaching activities96 x 1.5 hour workshops
Guided independent study111Individual reading and lecture preparation
Guided independent study37Workshop preparation
Guided independent study82Assessment preparation
Guided independent study 17Formative assessment

Online Resources

This module has online resources available via ELE (the Exeter Learning Environment).

ELE – http://vle.exeter.ac.uk/

How this Module is Assessed

In the tables below, you will see reference to 'ILO's. An ILO is an Intended Learning Outcome - see Aims and Learning Outcomes for details of the ILOs for this module.

Formative Assessment

A formative assessment is designed to give you feedback on your understanding of the module content but it will not count towards your mark for the module.

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Workshop participationVarious1-9Oral
2 x written formative assessmentsApprox. 1000 words each1-9Written

Summative Assessment

A summative assessment counts towards your mark for the module. The table below tells you what percentage of your mark will come from which type of assessment.

CourseworkWritten examsPractical exams
07525

...and this table provides further details on the summative assessments for this module.

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Examination753 hours1-8,10Generic written feedback
Individual Oral presentation 2520 minutes1-10Written Feedback

Re-assessment

Re-assessment takes place when the summative assessment has not been completed by the original deadline, and the student has been allowed to refer or defer it to a later date (this only happens following certain criteria and is always subject to exam board approval). For obvious reasons, re-assessments cannot be the same as the original assessment and so these alternatives are set. In cases where the form of assessment is the same, the content will nevertheless be different.

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
ExaminationExamination (3 hours)1-8, 10August/September reassessment period
Individual Oral presentationIndividual Oral presentation(20 minutes)1-10August/September reassessment period