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Law of Guarantees

Unit code: LWN113
Contact hours: 26 hrs in total
Credit points: 12
Information about fees and unit costs

Guarantees are an important area of practice for commercial lawyers as a substantial proportion of large commercial transactions involve the giving of guarantees. Guarantees are also significant for consumer finance. This unit considers formation and validity, including comparison with other contracts; factors affecting validity, including disclosure, misrepresentation, mistake, unconscionable conduct, undue influence, s.51AB Trade Practices Act (Cwlth), s.70 Consumer Code; obligations of solicitor; liability, including principle of co-extensiveness and rules of construction; discharge of guarantee, including discharge by the determination of the principal transaction and discharge by reason of the creditor's conduct.


Availability
Semester Available
2011 Semester 1 Yes
Offered in these courses
  • LW51, LW60

Sample subject outline -

Note: Subject outlines often change before the semester begins. Below is a sample outline.

Disclaimer - Offer of some units is subject to viability, and information in these Unit Outlines is subject to change prior to commencement of semester.

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