Faculty of Business and Economics

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Monash University Handbook 2011 Postgraduate - Unit

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.

FacultyFaculty of Business and Economics
OfferedNot offered in 2011
Coordinator(s)Mr Rhett Martin


Topics include legal background to financial systems; banker and customer; negotiable instruments, guarantees, capacity and authority to borrow and grant security; lending on the security of land; lending on the security of goods; company securities; insolvency.


The learning goals associated with this unit are to:

  1. define the main legal structures of the Australian banking system
  2. critically analyse the main legal characteristics of cheques, bills of exchange and promissory notes and their uses
  3. explain the law in respect to securities, including mortgages, company charges and guarantees
  4. assess the modern Australian payment system with specific reference to electronic payments and credit cards
  5. assess the modern regime for corporate and personal insolvency and its legal consequences.


Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Rhett Martin

Contact hours

3 hours per week


BTX4001, BTX5131