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LL202: Commercial Law


Course content

The course provides students with an understanding of English/common law and commercial law as a whole, while focusing on some particularly important aspects.

The course syllabus includes the following:

  • Introduction and Freedom of Contract
  • Terms and their Interpretation
  • Remedies for Breach of Contract
  • International Commercial Contracts and Arbitration
  • Pre-contractual Duties
  • Sales Law
  • Exclusion Clauses and Agreed Remedies
  • Multi-party Projects: Privity of Contract and Rights of Third Parties
  • Long-term Contracts
  • Credit and Security
  • Financial law (1) Introduction and Derivatives & Loans and Bonds

This intensive course commences with the basic common law principles governing commercial contracts, including the topic of pre-contractual duties and remedies for breach of contract. 

The course then considers particular types of transactions in their commercial context including sales, credit and security, syndicated loans, derivatives, multi-party projects, and banking transactions. Aspects of commercial litigation including arbitration will also be considered. These examples are chosen to illustrate the commercial and practical problems arising in different market sectors. A consideration of these paradigms enables an exploration of a wide range of basic principles of law involving contract law, tort law, restitution, and commercial law. 

Course outcomes

The objectives of the course are that students will become familiar with these basic principles of law, so that they can apply them to a wide range of commercial transactions, in the light of the policy objectives which legal regulation pursues, and with an understanding of the context of commercial transactions in which the law operates. 

World-class LSE teaching

LSE Law has excelled once again in the UK’s nationwide assessment of research quality, impact and environment. The Research Excellence Framework| results published in December 2014 show that LSE Law is the UK’s number one law school for legal research.

The 2014 QS World University faculty rankings| for Law also place the LSE in the world’s top ten for the subject, making it London’s best Law School

On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE’s law faculty.  LL202 lecturers Professor Michael Bridge, Dr Jo Braithwaite, Professor Michael Lobban, Dr Solène Rowan and Dr Joseph Spooner teach on a number of our undergraduate and graduate law modules, including: Commercial Contracts, Banking Law, Law of Obligations and Commercial Law.






Reference Texts:

M. Chen-Wishart, Contract Law, 4th edn (2012) (Abbreviation Chen-Wishart)

R. Goode, Commercial Law, 4th edition, London, Penguin (2010) (Abbreviation: Goode)

H. Beale, W. Bishop, M. Furmston, Contract: Cases and Materials, 5th edn (Oxford, OUP, 2007)  (Abbreviation BBF)

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice



Session: One

Dates: 6th July - 24th July 2015

Lecturer: Professor Michael Bridge|
Dr Jo Braithwaite|
Professor Michael  Lobban|
Dr Solène Rowan|
Dr Joseph Spooner|

Level: 200 level |

Fees: Click here| for information

Prerequisites: Introduction to legal methods or equivalent

Lectures: 36 hours 

Classes: 18 hours

Assessment*: Written work and one written examination

Typical credit**: 3 credits (US) 7.5 ECTS points (EU)

How to apply?|

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*assessment is optional – see FAQs|

**You will need to check with your home institution. Read more about credit transfer here|.