SOLM148 Legal Aspects of Paperless Trade (A21)
The module will examine the legal implications of forming and performing international sale contracts using electronic records and communications in place of paper. While the formation of such contracts using electronic means is supported by a maturing legal framework, the law relating to the use of documents used regularly in the performance of such contracts, including transport document such as bills of lading and sea waybills, as well as insurance policies and certificates, is still firmly anchored to the paper world. Thus, eliminating paper is not as simple or straightforward as it might at first seem and this course will address attendant legal issues and implications in depth. The module will also examine in detail common financial arrangements entered into by international traders for the purpose of the buying and selling of goods across borders.
Mode of Assessment
2.15 hour examination