BTW3243 - Finance law

Leader: Mr Rhett Martin; Ms Shanthy Rachagan (Malaysia)

Offered

Malaysia First semester 2007 (Day)

Synopsis

Aspects of the legal environment that affects financial decisions, transactions and relationships. Topics covered are chosen from the laws regulating the financing implications of different forms of business organisation; financial institutions; cheques, banking and the banker-customer relationship; electronic funds transfer; other negotiable instruments; the laws regulating business finance and security; hire-purchase and consumer credit; guarantees; bankruptcy and insolvency law, and debt recovery.

Objectives

The learning objectives of this unit are to:

• examine the core legal principles underlying the banker customer contract;
• discuss the legal nature and uses of cheques;
• define the legal issues in taking security for a loan with reference to mortgages and company charges;
• examine key aspects of corporate and personal insolvency and its consequences;
• evaluate and apply this knowledge to real world, practical examples.

Assessment

Written: 30%
Examination (3 hours, open book): 70%

Contact hours

2-hour lecture and 1-hour tutorial per week

Prerequisites

BTW1200 or equivalent