Information Package / Course Catalogue
Legal Documents Law
Course Code: BAS203
Course Type: Area Elective
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 3
Objectives of the Course

The objective of this course is to introduce students to the fundamental principles, concepts, and legal legislation of negotiable instruments law. Furthermore, it aims to prepare students for professional life by providing theoretical and practical knowledge regarding the definition, essential elements, transfer methods (endorsement), payment, protest procedures, and rights and responsibilities arising from bills of exchange (bills of exchange, promissory notes, cheques) which are extensively used in cash flows and credit operations within the finance and banking sectors.

Course Content

Concept, definition, characteristics, and classification of negotiable instruments; defenses in negotiable instruments; loss and cancellation of negotiable instruments; general characteristics of bills of exchange; concept of promissory note, compulsory elements, endorsement, payment, and enforcement; concept, acceptance, and functioning of bill of exchange; concept of cheque, formal requirements, responsibilities of the drawee bank, presentation periods, concept of dishonored cheque, and its legal consequences; aval (guarantee) in bills of exchange.

Name of Lecturer(s)
Learning Outcomes
1.To be able to explain the concept of negotiable instruments, their structural characteristics, and functions in commercial life.
2.To be able to distinguish the transfer methods (registered, order, bearer) that qualify an instrument as a negotiable instrument.
3.To be able to define the common characteristics of bills of exchange (bills of exchange, promissory notes, cheques) and their differences from other commercial documents.
4.To be able to manage endorsement and payment processes by checking the legal elements of a promissory note frequently used in banking and finance operations.
5.To be able to apply presentation periods of cheques, payment rules, and legal obligations of the drawee bank without error in banking applications.
6.To be able to explain the legal amounts that the bank is obliged to pay and the legal/criminal processes in case of dishonored cheques encountered in commercial life.
7.İngilizce: To be able to evaluate the functioning of aval (guarantee), which creates an element of trust in bills of exchange, and the statute of limitations periods of instruments in professional decisions.
Recommended or Required Reading
1.Law of Negotiable Instruments, Şaban Kayıhan, Mustafa Yasan, Seçkin Publishing
2.Turkish Commercial Code No. 6102, Check Code No. 5941
Weekly Detailed Course Contents
Week 1 - Theoretical
Concept, Definition, History, and Economic Importance of Negotiable Instruments
Week 2 - Theoretical
Characteristics and Classification of Negotiable Instruments by Various Criteria
Week 3 - Theoretical
Transfer Methods of Negotiable Instruments (Registered, Order, and Bearer Instruments)
Week 4 - Theoretical
Defenses in Negotiable Instruments (Concept, Types, and Rights of the Debtor)
Week 5 - Theoretical
Loss and Cancellation Lawsuits of Negotiable Instruments
Week 6 - Theoretical
Introduction to Bills of Exchange: General Characteristics and Differences
Week 7 - Theoretical
Promissory Note I: Concept, Formal Conditions, and Compulsory Elements
Week 8 - Theoretical
Promissory Note II: Endorsement, Payment, Protest, and Forfeiture Periods
Week 9 - Theoretical
Bill of Exchange: Concept, Elements, Acceptance, and Operational Mechanism
Week 10 - Theoretical
Cheque I: Definition, Economic Function, and Legal Formal Requirements
Week 11 - Theoretical
Cheque II: Presentation Periods, Payment, and Obligations of the Drawee Bank
Week 12 - Theoretical
Cheque III: Dishonored Cheque, Legal Liability Amount of the Bank, and Cheque Ban
Week 13 - Theoretical
Aval (Guarantee) in Bills of Exchange and Its Legal Consequences
Week 14 - Theoretical
Statute of Limitations, Fraud Risks, and General Review
Assessment Methods and Criteria
Type of AssessmentCountPercent
Assignment1%5
Quiz1%5
Midterm Examination1%30
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Assignment1415
Quiz1415
Midterm Examination112012
Final Examination114014
TOTAL WORKLOAD (hours)78
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
5
5
2
5
5
5
OÇ-2
5
5
2
5
5
5
OÇ-3
5
5
2
5
5
5
OÇ-4
5
5
2
5
5
5
OÇ-5
5
5
2
5
5
5
OÇ-6
OÇ-7
Adnan Menderes University - Information Package / Course Catalogue
2026