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Campus: Kensington Campus
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Career: Undergraduate
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Units of Credit: 6
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Contact Hours per Week: 3
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Enrolment Requirements:
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Prerequisite: LEGT1711 or 12UOC offered by Commerce and Economics or the approval of the Head of School
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Excluded: LEGT1761
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Description
This course examines the regulatory environment for banking and finance with particular reference to lending transactions and the securities taken by all financial institutions that lend for profit. Topics include legal concepts underlying the bank-customer relationship and duties of banker and customer; foreign currency loans; consumer issues in lending; electronic banking; use and regulation of negotiable instruments (cheques, promissory notes and bills of exchange); corporate fund raising; domestic and international methods of fund raising.
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