Transactions
- Semester: Spring 2025
- Course ID: 385J
- Credit Hours: 3
-
Unique: 29070
Course Information
- Grading Method: Pass/Fail Allowed (JD only)
- Will use floating mean GPA if applicable
Registration Information
- Upperclass-only elective
Meeting Times
| Day | Time |
|---|---|
| TUE, THU | 9:05 - 10:20 am |
Evaluation Method
| Type | Date | Time | Location |
|---|---|---|---|
| Final exam | May 7, 2025 | ||
| Midterm exam |
Description
This course focuses on real contracts with real risks. During Part I of the course, homework will be due twice weekly. During Part II and Part III of the course, homework will be due weekly. There will be a mid-term writing assignment (ungraded). I may periodically review your homework assignments.
We 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.
Many of these documents are lengthy. We will study them in detail, particularly the liabilities in each agreement. This course could also be called "everything you always wanted to know about commercial liabilities, but were afraid to ask." However, we do not study commercial terms, such as profit.
Prerequisite: First year torts and first year contracts.
Ortman, Daniel W.