units

BTW3243

Faculty of Business and Economics

18 September 2017 22 November 2024

print version

This unit entry is for students who completed this unit in 2016 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.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Business Law and Taxation

Coordinator(s)

Ms Shanthy Rachagan (Malaysia)

Offered

Not offered in 2016

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%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Ms Shanthy Rachagan

Prerequisites

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

Prohibitions

BTC3200, BTC4320