Commercial Transactions Course Outline
LAW 332
COMMERCIAL TRANSACTIONS 2
NATIONAL OPEN UNIVERSITY OF NIGERIA
SCHOOL OF LAW
COURSE CODE: LAW 332
COURSE TITLE: COMMERCIAL TRANSAC TIONS 2
1
LAW 332
COMMERCIAL TRANSACTIONS 2
COMMERCIAL TRANSACTIONS 2 Course Developer/Writer Prof. Justus A. Sokefun National Open University of Nigeria Victoria Island, Lagos. Prof. (Mrs.) Chioma K. Agomo University of Lagos, Akoka Ifidon Oyakhiromen, Ph.D, BL National Open University of Nigeria Victoria Island, Lagos. Mr. Ayodeji Ige, LLM BL National Open University of Nigeria Victoria Island, Lagos.
Course Editor
Ag. Dean/Programme Leader
Course Coordinator
2
LAW 332
COMMERCIAL TRANSACTIONS 2
TABLE OF CONTENTS MODULE 1 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Unit 6 History and Sources of Sale of Goods Law in Nigeria Creation of the Contract of Sale of Goods. Elements of a Contract of Sale of Goods The Concept of Property. Passing of property in Specific Goods. Factors Negating Application of Rule
MODULE 2 Unit 1 Unit 2 Unit 3 Unit 4 Passing of Property in Unascertained or Future Goods. Transfer of title to Non-Owner. Transfer of the Contract includes Exemption Clauses Fundamental terms and Exemption Clauses
Unit 5 - Duties of the Seller. Unit 6 Duties of the Buyer.
MODULE 3 Unit 1 Unit 2 Unit 3 Remedies of the Seller. Remedies of the Buyer. Factors Affecting liability under contract Contract of Sales of Goods.
MODULE 4 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Unit 6 The Hire Purchase Contract The Hire-Purchase Agreement Obligations Implied Under the act. Recovery under the Hire Purchase Act. Owners Obligations Under NemoSec. 9 (5). Adverse Possession and Conversion.
3
LAW 332
COMMERCIAL TRANSACTIONS 2
MODULE 5 Unit 1 Unit 2 Unit 3 Act. MODULE 6 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Carriage by Sea, Land and Air The Hague Rules on Carriage by Sea. Contract of Affreightment. The Bill of Lading. The C.I.F. Contracts. Controls of Hire Purchase Agreement The Minimum
COMMERCIAL TRANSACTIONS 2
NATIONAL OPEN UNIVERSITY OF NIGERIA
SCHOOL OF LAW
COURSE CODE: LAW 332
COURSE TITLE: COMMERCIAL TRANSAC TIONS 2
1
LAW 332
COMMERCIAL TRANSACTIONS 2
COMMERCIAL TRANSACTIONS 2 Course Developer/Writer Prof. Justus A. Sokefun National Open University of Nigeria Victoria Island, Lagos. Prof. (Mrs.) Chioma K. Agomo University of Lagos, Akoka Ifidon Oyakhiromen, Ph.D, BL National Open University of Nigeria Victoria Island, Lagos. Mr. Ayodeji Ige, LLM BL National Open University of Nigeria Victoria Island, Lagos.
Course Editor
Ag. Dean/Programme Leader
Course Coordinator
2
LAW 332
COMMERCIAL TRANSACTIONS 2
TABLE OF CONTENTS MODULE 1 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Unit 6 History and Sources of Sale of Goods Law in Nigeria Creation of the Contract of Sale of Goods. Elements of a Contract of Sale of Goods The Concept of Property. Passing of property in Specific Goods. Factors Negating Application of Rule
MODULE 2 Unit 1 Unit 2 Unit 3 Unit 4 Passing of Property in Unascertained or Future Goods. Transfer of title to Non-Owner. Transfer of the Contract includes Exemption Clauses Fundamental terms and Exemption Clauses
Unit 5 - Duties of the Seller. Unit 6 Duties of the Buyer.
MODULE 3 Unit 1 Unit 2 Unit 3 Remedies of the Seller. Remedies of the Buyer. Factors Affecting liability under contract Contract of Sales of Goods.
MODULE 4 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Unit 6 The Hire Purchase Contract The Hire-Purchase Agreement Obligations Implied Under the act. Recovery under the Hire Purchase Act. Owners Obligations Under NemoSec. 9 (5). Adverse Possession and Conversion.
3
LAW 332
COMMERCIAL TRANSACTIONS 2
MODULE 5 Unit 1 Unit 2 Unit 3 Act. MODULE 6 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 Carriage by Sea, Land and Air The Hague Rules on Carriage by Sea. Contract of Affreightment. The Bill of Lading. The C.I.F. Contracts. Controls of Hire Purchase Agreement The Minimum