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The University of Southampton

LAWS6166 International Sale of Goods and Finance

Module Overview

Aims and Objectives

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

  • The contractual structure of international sale of goods transactions.
  • The interaction of the law of sales and that of the carriage.
  • Fundamental principles of the law of commercial sales.
  • The framework for payment and finance in international sales of goods.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • Analyse primary and secondary legal sources related to international commercial sales and the surrounding areas of law in carriage and finance.
  • Apply the fundamentals of English commercial law to dispute arising between a seller and a buyer.
  • Communicate legal arguments in relation to international sale of goods clearly, accurately and objectively.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • Identify and analyse key issues out of a legal case.
  • Undertake independent research and access primary and secondary sources effectively.
  • Construct arguments and defend your position clearly and coherently with independent thinking.


Most contracts for the trading of commodities around the world are governed by English law. The abbreviations c.i.f. and f.o.b. have now been common in commercial parlance for many centuries and have generated several variants through successive versions of Incoterms: English contract and commercial law have thus placed an indelible imprint on the law of international sale of goods. This course examines how the UK Sale of Goods Act 1979 and the accompanying common law help resolve disputes which arise, whether in litigation or arbitration, between international sellers and buyers around the world. The topics covered include: • Rights and obligations of parties involved in international sale of goods • Transfer of risk and property • Payment obligations • Consequences of breach

Learning and Teaching

Teaching and learning methods

Teaching methods: One 2-hour class per week (three-weekly cycle of two 2-hour lectures and one 2-hour seminar) Learning methods include: · Essential and additional directed reading, as per distributed reading lists reproduced on Blackboard; · Engagement with current legal or commercial developments to ensure that you can relate the material being discussed in class to contemporary controversies.

Independent Study256
Total study time300



Formative Assessment


MethodPercentage contribution
Closed book Examination  (3.5 hours) 100%


MethodPercentage contribution
Closed book Examination  (3.5 hours) 100%


MethodPercentage contribution
Closed book Examination  (3.5 hours) 100%


Costs associated with this module

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

In addition to this, students registered for this module typically also have to pay for:


Recommended texts for this module may be available in limited supply in the University Library and students may wish to purchase them as appropriate. All recommended sources, apart from the main book, are available to students free of charge, either on the Internet, or on Blackboard, or on the legal databases. From the choices of possible mandatory texts e.g. Paul Todd, Cases and Materials on International Trade Law (Sweet & Maxwell, 2002) £45

Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at

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