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Commercial Finance - LAWS3024
Students studying

 
Faculty: Faculty of Law
 
 
School:  Faculty of Law
 
 
Course Outline: See below
 
 
Campus: Kensington Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: LAWS3018 Commercial Law, LAWS2010 BA1; Co-rerequisite: LAWS2311Litigation 1 Prerequisite: JURD7318 Commercial Law, JURD7224 BA1; Co-rerequisite: JURD7211Litigation 1
 
 
Excluded: JURD7324, LAWS3096
 
 
CSS Contribution Charge:Band 3 (more info)
 
 
Tuition Fee:See Tuition Fee Schedule
 
 
Further Information: See Class Timetable
 
 

Description

Commercial Finance LAWS3024 is an Undergraduate Elective which introduces students to the financing of transactions entered into by businesses in Australia.

As a 6 unit elective, Commercial Finance aims to provide an introduction to some principal areas of commercial law of general relevance to legal practice and of particular relevance to those interested in finance.

Recommended Prior Knowledge

Completion of LAWS2033 or LAWS3133 The Law of Banking or concurrent enrolment is recommended.
Pre-requisite: LAWS3018 Commercial Law
Note: Students who have not completed Commercial Law can enrol but will need to do substantial preparation before the course commences.

Main Topics

  • Sales finance by way of retention of title clauses (building on material covered in Commercial Law LAWS3018;
  • Commercial bills and letters of credit (although not to the extent that a LAWS3133 The Law of Banking elective does);
  • The law on securities over personal property including priorities, including the new Personal Property Securities Act regime;
  • An introduction to the law of company charges;
  • An introduction to commercial finance in e-commerce; security over intangibles and electronic title v electronic registration regimes.
Notes:
This course may be studied on its own but students wishing to complete an introductory study of banking law should take LAWS3133 The Law of Banking as well.
Bankruptcy is now covered in Insolvency Law - LAWS3014

Course Texts

Prescribed
  • Commercial Law Commentary and Materials (Gail Pearson, Simon Fisher, Elisabeth Peden, GJ Tolhurst) 3rd Ed. ISBN: 978045522628
  • Students should also purchase a copy of LAWS3024 Supplementary Reading Materials from the UNSW Bookshop

Recommended
  • Everett and McCracken’s Banking an d Financial Institutions Law (Sheelagh McCracken and Anna Everett) 7th ed. (Lawbook Co.)
  • Commercial Law (Samantha Traves) 2nd Ed ISBN: 9780409325362 2.
  • Goode on Commercial Law, Edited and Fully Revised by Ewan McKendrick 4th Ed. (Penguin Books)
  • Australian Commercial Law (Clive Turner) 27th Ed. ISBN:9780455225753

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.