Commercial Law 2023-24
School Of History, Law And Social Sciences
Module - Semester 1
The course will contain lectures dealing with the distinction between sale; service; hire; hire purchase and barter transactions and with the significance of these distinctions. These will be followed by lectures and tutorials to include the duties and obligations of the buyer and seller and the remedies for breach of a sales of goods contract; the validity of exclusions and/or limitations of liability in contracts of sale; the concept and relevance of property and title; how and when property passes in a sales of goods transaction; the use and validity of retention clauses and the uses of agency. Lectures on the topic of international sale transaction and on financing the sale transaction will also be given.
- Apply detailed knowledge to complex actual or hypothetical situations in relation to remedies under the general law of contract and under the Sales of Goods Act 1979, in particular the market price rule.
- Identify and discuss critically the key elements of a contract for the sale of goods and the differences between a contract for the sale of goods and other commercial transactions such as hire purchase and contracts for work and materials.
- Identify and discuss critically the key issues in commercial contracts where liability may be limited or excluded and to demonstrate an understanding of and be able to suggest explanations for the differences in dealing as consumer and non-consumer in this respect.
- Provide an account of key ideas, concepts and arguments relating to nemo dat non quod habet (and the various exceptions thereto) and also in respect of Romalpa clauses.
- Provide evidence of a detailed knowledge of the basic rules of delivery and acceptance under the Sales of Goods Act 1979 and of the real and personal remedies available to both buyer and seller.
- Provide evidence of a detailed knowledge of the rules in respect of the passing of property and risk sufficient to be able to undertake independent legal research into the basic differences between cif and fob contracts.
- Show a critical understanding of the basic terms implied by the Sale of Goods Act 1979 into commercial contracts.