LAW-2101 Commercial Law Survey
In a transactional approach, this course treats the creation and effect of financing arrangements and other secured transactions in personal property as well as the sale of goods. In some cases, a comparative analysis is used to compare secured rights in real property covered through mortgages and foreclosure. As such, the course combines materials traditionally taught in separate courses on sales, bankruptcy and secured transactions. Principal emphasis is the Uniform Commercial Code as the prevailing commercial legislation, but other pertinent authorities are also covered including common law and basic provisions of the federal Bankruptcy Act. The course is designed as a survey course to cover the two related subjects commonly tested on bar exams as well as heavily used in practice, including UCC Articles 2 (sales of goods) and 9 (secured transactions). Cannot also register for Secured Transactions or Commercial Law Sales.