|Commercial Law - JURD7318|
Commercial Law JURD7318 is an Undergraduate Elective which introduces students to the general principles of commercial law, and builds on their foundation courses in Contracts, Business Associations 1 and Property, Equity & Trusts. It does not substantially overlap with specialised commercial options such as Law of Banking, Commercial Finance, Consumer Protection Law, Economic Analysis of Law, Insurance Law, Insolvency Law, International Trade Law, Interests in Securities, Regulation of Economic Activity, and Securities and Financial Services Regulation.
As a 6 unit elective, Commercial Law introduces students to the way in which general principles of common law, equity and statue law have developed to deal with the needs of commercial markets by focussing on:
• The law applicable to commercial sales of goods; and
• Agency law
The course, like the players in commercial markets, takes a problem-solving approach to subject matter, but also considers the broader policy dimensions of commercial law doctrines and practices. The problem solving approach investigates the way traders structure transactions to take best advantage of the protection offered by existing legal doctrines, and so illuminates the creative ways in which legal models or concepts are adapted to achieve pragmatic goals.
Recommended Prior Knowledge
See prerequisites and corequisites above.
The aim of the course is to give students a broad understanding of commercial law principles in context, rather than a detailed knowledge of particular rules or statutes. Students will:
Class participation (25%)
Mid-session examination (25%)
Final exam (50%)