{"ModuleCode":"LL6322","ModuleTitle":"Trade Finance Law","Department":"Law","ModuleDescription":"Trade Finance Law considers the different legal structures used to effect payment under, and disincentives breaches of, international agreements for the supply of goods and services. The course analyses and compares documentary and standby letters of credit, international drafts and forfaiting, performance bonds and first demand guarantees and export credit guarantees. Key topics will include the structure, juridical nature and obligational content of the aforementioned instruments; the nature of the harmonised regimes and their interaction with domestic law; the principle of strict compliance and its relaxation; documentary and non-documentary forms of recourse; the autonomy principle and its exceptions; and the conflict of laws principles applicable to autonomous payment undertakings. The course should be of interest to students who have already studied other components of international trade and/or who have an interest in international banking operations.","ModuleCredit":"4","Workload":"0-3-0-0-7","Prerequisite":"NUS Compulsory Core Law Curriculum or equivalent. Students should have covered the core private law subjects of Contract, Tort and Trusts.","Preclusion":"LL4322V/LL5322V/LL6322V Trade Finance Law","Timetable":[{"LessonType":"Seminar-Style Module Class","ClassNo":"1","DayText":"Monday","StartTime":"1830","EndTime":"2130","WeekText":"1,2,3","Venue":"SR5-2"},{"LessonType":"Seminar-Style Module Class","ClassNo":"1","DayText":"Wednesday","StartTime":"1830","EndTime":"2130","WeekText":"1,2,3","Venue":"SR5-2"},{"LessonType":"Seminar-Style Module Class","ClassNo":"1","DayText":"Friday","StartTime":"1430","EndTime":"1730","WeekText":"1,2,3","Venue":"SR5-2"}],"LecturePeriods":["Monday Evening","Wednesday Evening","Friday Afternoon"]}
