Monash University Handbook 2011 Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

Aspects of the legal environment that affect financial decisions, transactions and relationships. Topics covered are chosen from the laws regulating the financing implications of different forms of business organisation; financial institutions and the financial institutions/customer relationship; cheques; electronic transactions; other negotiable instruments; the laws regulating business finance and security; consumer credit; guarantees and bankruptcy.

Objectives

The learning goals associated with this unit are to:

1. explain the legal and regulatory framework applicable to the banking and finance sector
2. analyse and apply the legal concepts underlying banking and financial transactions
3. analyse and apply the legal principles relating to the rights and obligations of those involved in banking and finance
4. have developed a legal perspective to assist in decision-making in areas involving banking and finance
5. to provide the legal background for the resolution of business problems involving banking and finance.

Assessment

Within semester assessment: 25%
Examination (3 hours plus 30 minutes reading and noting, open-book): 75%

Chief examiner(s)

Associate Professor Paul Latimer

Contact hours

3 hours per week

Prerequisites

BTC1110 or BTC2110 and BTC2210 or BTC2213