Undergraduate
Law 216: Introduction to Business Law and Practice
(Full unit taught in 1st and 2nd terms)
Convenor
Professor Geraint Howells, Professor David Milman and Angus MacCulloch
Outline syllabus
Evolution of Business Law in the UK :
From custom to common law
Codification mania in 19 th century
The incoming European Tide
Fundamental/concepts themes:
Laissez faire and freedom of contract
Caveat emptor
Good faith
The rise of consumerism
Free competition
Regulation/self regulation
Nemo dat quod ille non habet
Limited liability
Impact of insolvency
Key institutions:
The Stock Exchange
The Department of Trade and Industry
Office of Fair Trading
Competition Commission
Financial Services Authority
Lloyds
The Takeover Panel
The World Trade Organisation
OECD
UNCITRAL
Agency: the great facilitator :
Nature and importance of agency - internal and external aspects
Commercial agents
Commercial Contracts: Commercial Contracts II:
Sale of goods Insurance
Unfair contract terms
Product liability
Methods of payment and means of securing obligations:
Bills of exchange
Security and guarantees
Business Organisations :
A brief introduction to the types of organisation on offer under English law - partnerships, limited liability partnerships, companies , franchises, etc.
Commercial disputes and the law :
The commercial courts
ADR
Assessment
There will be one formative non-assessed coursework assessment (to be submitted at the end of Term 1) and one piece of assessed coursework of 2500 words in length which would contribute 25% of the final mark. A single 3 hour exam in the summer would then contribute 75% of the final mark.
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