Overview
Help your students understand the realities of commercial practice and the relationship between the rules and the transactions they govern. The authors—recognized for their outstanding teaching ability as well as their superb scholarship—cut across arbitrary content boundaries to organize their casebook by system, rather than rules. The book's three parts take a real-life approach to the law: Sales Systems—progresses logically from formation of agreements to a discussion of terms, performance, and remedies Payment and Credit Systems—covers checking accounts, credit cards, wire transfers, letters of credit, and payment systems of the future, such as stored-value cards and electronic money; competition for deferring payment, negotiable instruments and liquidity, remedies under state law and remedies in bankruptcy, and creation of security interests and secured transactions Creditor-Third Party Relationship—deals with perfection, maintaining perfection, priority, and competitions for collateral. This approach shows students that the law is one element of a system that includes legal rules, the people who engage in transactions, contracts designed to guide the transaction, and the physical tools used to consummate them. To make their casebook an effective teaching and learning tool, the authors: present material in a series of 55 self-contained assignments, each designed for a 50- to 60-minute class use expository text, case excerpts, sample documents, forms, and problems in the assignments make their text more extensive and their case excerpts briefer to give students all the information they need to solve the problems include all the elements of a comprehensive commercial law course; no traditional topics are neglected offer a thorough Teacher's Manual with answers to all the problems in the casebook and helpful guidance on choosing material when an instructor is pressed for time
Synopsis
Help your students understand the realities of commercial practice and the relationship between the rules and the transactions they govern. The authors—recognized for their outstanding teaching ability as well as their superb scholarship—cut across arbitrary content boundaries to organize their casebook by system, rather than rules. The book's three parts take a real-life approach to the law:
Sales Systems—progresses logically from formation of agreements to a discussion of terms, performance, and remedies
Payment and Credit Systems—covers checking accounts, credit cards, wire transfers, letters of credit, and payment systems of the future, such as stored-value cards and electronic money; competition for deferring payment, negotiable instruments and liquidity, remedies under state law and remedies in bankruptcy, and creation of security interests and secured transactions
Creditor-Third Party Relationship—deals with perfection, maintaining perfection, priority, and competitions for collateral. This approach shows students that the law is one element of a system that includes legal rules, the people who engage in transactions, contracts designed to guide the transaction, and the physical tools used to consummate them. To make their casebook an effective teaching and learning tool, the authors: present material in a series of 55 self-contained assignments, each designed for a 50- to 60-minute class use expository text, case excerpts, sample documents, forms, and problems in the assignments make their text more extensive and their case excerpts briefer to give students all the information they need to solve the problems include all theelements of a comprehensive commercial law course; no traditional topics are neglected offer a thorough Teacher's Manual with answers to all the problems in the casebook and helpful guidance on choosing material when an instructor is pressed for time