Law & the Regulatory State-Secured Transactions

SLN #: 26222
Course Prefix: LAW-598
Course Section: 010
Credit Hours: 3
Instructor(s): Schroeder

Course Description:
Many business and consumer transactions depend upon credit. Business and consumer lawyers often must advise clients on how to plan and negotiate such transactions and counsel them on the legal consequences and the rights and remedies available to them. In some cases, credit is "unsecured" -- it is simply the contractual undertaking of the obligor. But in many situations, the creditor will insist that the debt be "secured" by giving the creditor an interest in some property of the debtor. The course on Secured Transactions examines these transactions and introduces students to the main types of financing transactions prevalent today and the key problems that arise in planning and performing such agreements. Understanding the law of secured transactions is essential for attorneys who engage in a business, finance, or corporate transactions practice as well as those who represent parties who sell or finance property of all kinds or who expect to engage in commercial litigation, consumer law, or business transactional planning. The course is taught using the problem method. Students are expected as part of their daily preparation to work out solutions to specific “real life” problems using the statutory materials and text. This course is part of a larger commercial law curriculum, but it is not necessary to have taken any of the other commercial law courses as a prerequisite. No prior business experience is necessary.

Additional Information:
Credit Hours: 3
Grading Option: Letter Grade Only
Written Assignment: No
Graduation Writing Requirement: No
Flexible Writing Requirement: No
Skills Requirement: No
Experiential Learning: No
Prerequisite: None
Special Withdrawal Course: No
Limited Enrollment Number: No
Final Exam Given: Yes
Final Exam Type: In-Class - Completely Secure
Mid Term or Other Exam: As needed.
Paper or In-Class Presentation: No
Participation Points: Yes
Attendance Policy: Per Statement of Student Policies
Additional Attendance Policy: Yes. Attendance required.