units

BTW3243

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 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.

print version

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.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Business Law and Taxation
OfferedMalaysia First semester 2014 (Day)
Coordinator(s)Ms Shanthy Rachagan (Malaysia)

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.

Outcomes

The learning goals associated with this unit are to:

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

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Workload requirements

3 hours per week

Prerequisites

Students must have passed BTG1200, BTW1200 or BTW1042 before undertaking this unit.

Prohibitions

BTC3200, BTC4320