Associate Professor Robin Edwards
6 points · 3 hours per week · First semester · Caulfield, in-house
Objectives On completion of this subject a student should have a sound knowledge of the banker-customer relationship; the legal aspects and commercial aspects of negotiable instruments, letters of credit and other allied instruments and know their uses; electronic banking and an awareness of current legal developments in the banking and finance industry relating to the banker-customer relationship.
Synopsis Topics include legal background of the Australian financial system; banker-customer relationship; liability for advice; the impact of the Trade Practices Act; negotiable instruments; letters of credit; standing credits; guarantees; electronic banking; codes of conduct; current issues; Banking Ombudsman; Privacy Act.
Assessment Assignment (3000-word essay): 30% · Examination (3 hours): 70%
Prescribed texts
Tyree Banking law in Australia Butterworths, latest edn
Back to the 1999 Business and Economics Handbook