A proper grasp of the law of insolvency can be acquired only by reading and digesting a sizeable volume of case law. This text, designed to complement Hockly's Insolvency Law, allows students and practitioners to come to terms with a broad range of insolvency cases.

The Law Of Banking And Payment In South Africa provides an explanation of some of the more important aspects of the law applicable to banks and banking in South Africa, along with the principles that govern payment and payment systems in this country.

The Law Of Banking And Payment In South Africa covers the following areas: a general introduction to banks and banking law; the nature of banking law and its sources; the role and function of the Reserve Bank and the various statutes that regulate banks; the bank–customer relationship; miscellaneous banking services provided by banks; general principles of payment; the law applicable to various payment systems; unauthorised cheque payments and unauthorised electronic funds transfers; international sale transactions; and bank guarantees.

The aim of the authors is to provide a text that is both accessible for students and other persons seeking to gain a basic understanding of the subject, and comprehensive enough to be useful to lawyers, bankers and those who work in the field of banking and finance.

This book addresses fundamental questions about business transactions. The eighth edition has been substantially revised and updated to include developments up until 1 April 2011. The updates include: A new chapter on consumer agreements, examining both the Consumer Protection Act and the regulations; Changes to contractual capacity brought about by the Children's Act 2005 and Companies Act 2008; Important decisions affecting basic principles of common law illegality, notably Bredenkamp and Others v Standard Bank of South Africa Ltd; Changes to agency introduced by the Companies Act 2008; A comprehensive discussion of insurance; The chapter on employment has been expanded to include numerous additional case summaries; The chapter on credit agreements includes important cases interpreting the National Credit Act; In the area of security - an issue of huge importance, not yet resolved, is addressed: the mortgagee's right to immediate execution versus the mortgagor's constitutional right to have access to adequate housing; The Consumer Protection Act has affected various areas of commercial law and several chapters have been amended to reflect these developments.

This title provides an explanation of the law governing cheques. It addresses certain fundamental issues such as how to draw a valid cheque; the immediate legal consequences of payment by cheque; cheque negotiation; the legal implications of a dishonoured cheque; and the legal position of banks that pay out on a cheque without authority.