This course focuses on real contracts with real risks. During the course will study a guaranty, a promissory note and a deed of trust. These agreements are commonly used for financing. A prominent local law firm has provided materials for our use in class. We will also study a merger agreement, an asset acquisition agreement and a joint venture agreement. The merger, joint venture and asset acquisition agreement were prepared by committees of the American Bar Association. We will also study a confidentiality agreement, non-compete agreement, a waiver of liability and several other commonly used agreements. Finally, we will study an intellectual property license. This course highlights the liabilities in each agreement.
Prerequisite: First year torts and first year contracts.