MySchool

Department of Law
Dean:	Eiríkur Elís Þorláksson
Email:	ru@ru.is
Website:	http://www.ru.is/ld
Teachers	View

BA in Law
Semesters:	6
Years:	3
ETCS:	180
About major	Aðaleinkenni laganámsins við HR er hversu verkefnatengt það er. Nemendur læra að tileinka sér sjálfstæð og skipulögð vinnubrögð til að leysa úr álitaefnum með rökstuddum hætti. Nemendur takast á við fjölbreytt og áhugaverð viðfangsefni lögfræðinnar og byggja upp traustan fræðilegan grunn.
Learning Outcomes	View
Education cycle	1
Degree title	BA in Law

Legend
	Mandatory course on major		Teaching language
	Optional course on major		Prerequisites for course

Research – theoretical writing – legal argumentation

L-000-UNDB

ECTS 0

Methodology

L-101-ADF1

ECTS 8

Constitutional Law

L-102-STSR

ECTS 8

Seeking solutions to legal problems

L-106-ÚRÁL

ECTS 6

Private Law I - Contracts and general laws of obligation

L-115-FJM1

ECTS 8

Independent Study

L-739-SJVE

ECTS 2

Exchange Studies

X-699-EXCH

ECTS 30

Vorönn/Spring 2024

Company Law

L-202-FELA

ECTS 8

Private Law II - General laws of obligation

L-205-FJA2

ECTS 8

Year

1. year

Semester

Spring 2024

Level of course

1. First cycle, introductory

Type of course

Core

Prerequisites

757,

Schedule

4 lectures a week and seminars

Lecturer

Stefán A Svensson

Content

A. Performance/non-performance of an obligation This section will address the general principle of the law of obligations that for an obligation to be properly discharged it needs to be discharged (i) at the proper time (ii) in the proper place and (iii) in the proper state. Discussions will cover the rules applicable to time and place of payment. The discussion will include the concepts of late payment, late delivery and late acceptance. The rules of due dates, final due dates and earliest discharge date of claims, rules governing acceleration and principles of interest and default interest. Finally, this section will address the state of payment, which will include the rules on faults, and rules on procedural defects. B. Remedies in the event of default This section will address the legal effect of default and conditions for resorting to the various remedies available to parties to a commercial agreement. This will touch on the rules applicable to rescission, specific performance, withholding of payment, damages and discounts, as well as contractual default remedies. C. Cessation of obligations This section will discuss the rules that apply to the cessation of obligations. First, the discussion will relate to the rules applicable to payment of claims, including the permission of a party to make partial payments, rules on the right to reimbursement of overpaid amounts, and rules on escrow. Discussions will then cover rules on limitation of obligations, lapse through neglect, defective statement of claims and netting. Efforts will be made to present the content of the course in a practical form, with reference to case law and practical issues, to enable students better to understand the general principles under discussion at any time. Students will be required to prepare well for classes and to be prepared to express themselves orally concerning the judgments and material assigned each time.

Learning outcome - Objectives

The objective of the course is to provide students with a good understanding of what constitutes default in the context of commercial law and instruction in the various remedies available to parties in the event of non-performance. The course will also include a detailed study of rules on the cessation of obligations. The course is a continuation of Commercial law I.

Course assessment

Practical assignments (30%), mid-term examination (20%), written final examination (50%).

Reading material

No reading material found.

Teaching and learning activities

Lectures and discussions

Language of instruction

Icelandic

Administrative Law

L-401-STJR

ECTS 8

Methodology