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LAW 331 Law of Banking and Insurance I: Banking

300 levelLaw10 topics

LAW 331 covers 10 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Nature, history and evolution of banking in Nigeria
  2. Establishment and operation of banks
  3. Negotiable instruments: cheques, promissory notes and bills of exchange
  4. Negotiability and assignability
  5. Endorsement and delivery
  6. Presentment and notice of dishonour
  7. The banker-customer relationship
  8. Nature of bank accounts and their legal effects
  9. Crossing of cheques
  10. Banking regulation: CBN and NDIC

A sample from this course

One topic, as StudyPath teaches it.

Nature, history and evolution of banking in Nigeria

This topic examines what banking is, the basic legal and economic functions banks perform, and how banking developed in Nigeria from informal indigenous practices to modern regulated institutions. For examination purposes, you must understand the meaning of banking, the major stages in Nigeria’s banking history, and how regulation and institutional change shaped the evolution of the banking system.

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