Transactions
- Semester: Fall 2026
- Course ID: 385J
- Credit Hours: 3
-
Unique: 31488
Registration Status: Waitlisted
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 (administered by Exam4 in Closed mode) | December 9, 2026 | ||
| Other |
Description
This course could also be called "everything you always wanted to know about commercial liabilities, but were afraid to ask." This course focuses on real contracts with real risks. The writing component is significant. Homework will be worked in small groups and due periodically. The mid-term writing assignment will be anonymous and ungraded. We may discuss your group's homework assignments during class. Grading will consider a final exam and in-class participation (as discussed in detail in the syllabus). 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 agreements were prepared by committees of the American Bar Association. We will also study a confidentiality agreement, non-compete agreement and a waiver of liability. Finally, we may study an intellectual property license and several other common agreements. These documents are complex and lengthy. We will study the liabilities in each document in detail. the However, we do not study commercial terms, such as profit. Prerequisite: A consuming desired to practice transactions law. Also, first year torts and first year contracts.
Ortman, Daniel W.