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This second edition of Principles of Commercial Law builds on the strengths of the popular previous edition. The first edition was innovative,adopting a fresh approach to the study of commercial law, helping students to understand and apply developed principles and approaches. With the benefit of student and teacher appraisals and feedback after four years of successful use in Australian tertiary Law and Commerce schools, the second edition refines that approach. Updated to accommodate changes in the law within the scheme of its underlying threads, the second edition provides easy-to-follow discussion plus vivid, punchy case summaries and diagrams. It is designed to clarify readers' understanding of the subject, whilst explaining fundamental principles and techniques that will be useful to students throughout their working lives. Each chapter includes an introduction providing a succinct summary, in point form, of the issues covered therein. The main topic is contained in a separate part, with a useful introductory segment. Readers can use these to reinforce their understanding, while students will find them a godsend during exam preparation.;Written by an experienced practitioner and teacher of law, with further experience at senior level in industry, the second edition of Principles of Commercial Law is an essential book for every commercial law teacher and student, and a valuable form of reference for practitioners in this field.