LAW4198 Australian Commercial Law

Workload:
3 hours of class per week for a total of 36 contact hours. Unit guide indicates the standard 144 hours expected for the average law unit (including private study). Similar to core units such as Contracts A and Contracts B.

Prescribed Prerequisites/Recommended Prerequisites:
Prescribed Prerequisites: 

For students who commenced their LLB Hons course in 2015 or later: For students who commenced their LLB course prior to 2015: Prescribed Co-requisites:
 * Foundations of Law LAW1111
 * Public Law LAW1112
 * Torts LAW1113
 * Criminal Law 1 LAW1114
 * Contracts A LAW2101
 * Contracts B LAW2102
 * Constitutional law LAW2111
 * Property A LAW2112
 * ILR LAW1101
 * RAW LAW1104
 * Contracts A LAW2101
 * Contracts B LAW2102

N/A

Recommended Prerequisites:

Relatively content heavy unit. Best not done alongside heavy units such as Corps and Evidence. Otherwise can be done comfortably at any point in your degree.

Assessments:

 * 1) Optional Assignment – 40% Problem question with 60% exam 2 hours writing time plus 30 mins reading and noting time OR
 * 2) 100% exam, 3 hours writing time plus 30 mins reading and noting time

Recorded Lectures:
No.

Past exams available:
Multiple past exams available on the database. No HD responses or feedback available.

Textbook recommended?
The textbook would help in clearing up and explaining the finer details of the law, but it is possible to get a decent grade by attending class alone.

Comments:
Semester 1, 2015

One of the more practical Electives Monash offers. The unit delivers information on consumer transactions and the passage of ownership and contrasts it against international transactions.

It also serves as an introduction to insurance law, the provision of credit under the National Credit Code and dealing with negotiable instruments such as cheques and bills of sale.

The unit also delves deep into the law of bankruptcy and personal insolvency. In a nut shell, it proved very practical information and knowledge if one is intending to interact with the financial world in any way post university.

Australian commercial law is taken by different lecturers every year so the style and content of the unit might defer, but the concept of the unit remains the same and is a must do for anyone intending to practice in the commercial sector.