Page 245 - University Bulletin

LAW405 Capital Market Law
Credits: 3 (3,0,0) Prerequisite: LAW342
This course is an advanced course building on the previously acquired understanding of
commercial law designed specifically to understand the capital markets rules and regulations in
Saudi Arabia. It is a backbone of the financial system of a country. Capital Market rules and
regulations were issued to create a transparent, fair and regulated market that keeps pace with
the current developments in other international financial markets.

LAW407 Intellectual Property Law
Credits: 3 (3,0,0) Prerequisite: LAW243
Intellectual property law is an advanced course within the Commercial law track designed to
provide students with understanding, skills and values of contemporary questions of intellectual
property laws of Saudi Arabia, the international treaties and comparative law in the field. Topics
covered include general characteristics of intellectual property rights, several types of intellectual
property rights such as copyrights, patents, trademark, design etc, and remedies for protection of
the rights.

LAW409 Banking Law
Credits: 3 (3,0,0) Prerequisite: LAW243
The course banking law is an advanced course designed for the final year’ students and belongs
to the commercial law track. This course covers topics such as: the banking structure and the
various types of banks, nature of banker-customer relationship, rights and duties of both banker
and customer towards each other and this includes the bankers’ legal liabilities and business
aspects of banking. Other related topics include negotiable instruments, recent issues in banking
i.e aspects of bank lending and securities, electric banking and money laundering.

LAW431 Execution of Judgments (Language of Instruction: Arabic)
Credits: 3 (3,0,0) Prerequisite: LAW221
This course is considered the last course in the series of Law courses. LAW 221 is a prerequisite
course. This course deals with the definition of execution, the rights that may be executed, the
direct authority for execution, the parties to execution, the reasons for execution, the documents
necessary for execution, the expedited execution and its forms, the place of execution, and the
funds that may not be executed. It also deals with procedures for seizing movable money,
objecting to the seizure, seizing debtor’s money with others, cancellation of attachment and its
effects, execution on the property and the stages of its completion, precautionary attachment and
its procedures, and finally forced sale and forced eviction.

LAW432 Insurance (Language of Instruction: Arabic)
Credits: 3 (3,0,0) Prerequisite: LAW223
This course is one of the main courses in the advanced Saudi Law course. It shows the concept of
insurance, its definition, its importance, the difference between cooperative insurance and
commercial insurance, its types (health insurance, vehicle insurance, life insurance), the technical
bases of insurance, and insurance guarantees, the effects of insurance on the obligations of the
insurance parties, the expiry of the insurance contract, and the settlement of insurance conflicts
in accordance with Saudi regulations.

233 PSU UNDERGRADUATE BULLETIN