(BUS)
Mr Richard Morgan
6 points + 3 hours per week + First and second semester (Caulfield) + Second semester (Distance) + Prerequisite: BTX1010
Synopsis: The bank-customer relationship; types of account; current issues in banking law; negotiable instruments including cheques and bills of exchange; the duties and responsibilities of the paying bank and collecting bank; negotiable and allied instruments in international trade.
Assessment: Assignment (3000 words): 30% + Examination (open-book, 3 hours): 70%