PALE 370: Commercial Law: Secured Transactions

Class Program
Credits 3
Catalog
Undergraduate
CIP Code
22.0302

The Learner is introduced to commercial law and bankruptcy principles and concepts and their interplay. It is intended to provide a solid conceptual and practical grounding in all of the primary commercial and bankruptcy law issues you will likely encounter in your practice. The nature of topics explored in the course will expose students to real-life commercial transactions, including problem-solving and strategy decisions practitioners must make in litigating and structuring these business arrangements.

Prerequisite Courses
Course Outcomes

After successfully completing the course, the learner will be able to:

  • Articulate the different remedies available to unsecured and secured creditors.
  • Discuss the fundamental differences between real property secured lending and personal property secured lending.
  • Use Article 9 as an example to illustrate how to approach, work with and interpret an unfamiliar statute.
  • Discuss and become familiar with many common forms of business transactions and how such transactions work, including loan agreements and other financing arrangements.