Commercial transactions: law and practice
The Open University old
Summary
- Tutor is available to students
Overview
This course explores various types of commercial transactions, the role played by finance, and the forms of business organisations which can enter into commercial transactions. You’ll examine the legal regulation of the sale of goods, the supply of services, and agency, distribution and franchise agreements. In addition to gaining knowledge and understanding of this important and growing area that affects business organisations, you will develop associated legal and study skills. The course deals principally with the law of England and Wales.
Description
What you will study
This is a 30-credit course suitable for study if you have an interest in the way in which the law impacts on and regulates commercial transactions, and can be studied as part of the free-choice element of the LLB.
The course considers the legal principles of contract law and the sale of goods in relation to business and consumer transactions. It also explores the role played by finance, consumer protection and competition law. In addition, you will be provided with an opportunity to develop a range of associated skills including:
- the basic principles of drafting commercial agreements and how they affect business and consumer transactions
- problem solving by identifying material facts and legal issues, applying legal principles and exceptions to find solutions
- conduct legal research and come to a reasoned conclusion.
Two course manuals and case book. Access to a course website that offers forums, learning resources, news items and access, via the OU library, to online legal databases for research purposes.
The study materials are updated annually, but it may be necessary to update during your study of the course if there is a major (and unexpected) change to the law.
You will need a computer with internet access to study this course as it includes online activities, which you can access using a web browser.
- If you have purchased a new desktop or laptop computer since 2007 you should have no problems completing the online activities.
- If you’ve got a netbook, tablet or other mobile computing device check our Technical requirements section.
- If you use an Apple Mac you will need OS X 10.6 or later.
You can also visit the Technical requirements section for further computing information including the details of the support we provide.
You will have a tutor with whom you can communicate by email, telephone and post, who will help you with the study material and mark and comment on your written work, and whom you can ask for advice and guidance. Your tutor will also run online tutorials that you are encouraged, but not obliged, to take part in.
Contact our Student Registration & Enquiry Service if you want to know more about study with The Open University before you register.
AssessmentYou will be expected to submit your tutor-marked assignments (TMAs) and end-of-module assessment (EMA) online through the eTMA system unless there are some difficulties which prevent you from doing so. In these circumstances, you must negotiate with your tutor to get their agreement to submit your assignment or EMA on paper.
The end-of-module assessment (EMA) is a project.
Professional recognition
If you are intending to count this towards the free-choice element of the LLB, and you hope to enter the Legal Professions, you should read carefully our Recognition leaflet 3.13 Law. There are different entry regulations into the legal professions in England and Wales, Scotland, Northern Ireland and the Republic of Ireland. You should read the Recognition leaflet as it is your responsibility to ensure that you meet these requirements.
Who is this course for?
Modules at Level 2 assume that you are suitably prepared for study at this level. If you want to take a single module to satisfy your career development needs or pursue particular interests, you don’t need to start at Level 1 but you do need to have adequately prepared yourself for OU study in some other way. Check with our Student Registration & Enquiry Service to make sure that you are sufficiently prepared.
Requirements
This is a Level 2 course and you will need the study skills required for this level of study, which may have been obtained either from Level 2 study with the OU or from another university.
While this course can be studied on a stand-alone basis it assumes that you already have knowledge and understanding of the English legal system. We strongly advise you to study both Rules, rights and justice: an introduction to law (W100) (if you are a non-graduate) and Understanding law (W200)before starting this Level 2 course.
Please note that prior study of W100 alone is insufficient preparation for this Level 2 course.
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
