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
Organisational Unit
Department of Business Law and Taxation
Chief examiner(s)
Coordinator(s)
Not offered in 2018
Prerequisites
BTC1110 or equivalent.
Synopsis
Aspects of the legal and regulatory environment that affects financial decisions, transactions and relationships. Includes the laws regulating financial institutions and the banker/customer relationship; cheques; electronic payments; bills of exchange; bank lending, business finance and security; consumer credit; guarantees and bankruptcy.
Outcomes
The learning goals associated with this unit are to:
- explain the legal and regulatory environment of the banking and finance sector
- analyse the legal and regulatory concepts underlying banking and financial transactions
- understand the legal rights and obligations of those involved in banking and finance
- have developed a legal perspective to assist in decision-making in areas involving banking and finance
- to provide the legal background for the resolution of business problems involving banking and finance.
Assessment
Within semester assessment: 40% + Examination: 60%
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