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.
Ms Shanthy Rachagan (Malaysia)
Not offered in 2017
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.
The learning goals associated with this unit are to:
- examine the core legal principles underlying the banker customer contract
- discuss the legal nature and uses of cheques
- define the legal issues in taking security for a loan with reference to mortgages and company charges
- examine key aspects of corporate and personal insolvency and its consequences
- evaluate and apply this knowledge to real world, practical examples.
Within semester assessment: 30% + Examination: 70%
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
Students must have passed BTG1200, BTW1200 or BTW1042 before undertaking this unit.