Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

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

FacultyFaculty of Business and Economics
OfferedClayton First semester 2012 (Day)
Coordinator(s)Associate Professor Paul Latimer


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.


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.


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


Students must have passed BTC1110 or equivalent before undertaking this unit.