Commercial law of the United States
Professor Henry D Gabriel
One 2-hour seminar per week * Second semester * City
Objectives Upon completion of the course, students should (1) have an understanding of the basic structure of the Uniform Commercial Code; (2) be familiar with the primary distinctions between American commercial law and other commercial law regimes; (3) gain familiarity with the method of commercial law analysis used by American lawyers and courts; and (4) be able independently to research questions arising from the Uniform Commercial Code.
Synopsis The course will begin with a general introduction to the history and development of commercial law in the United States. We will then cover the major provisions of the Uniform Commercial Code, which is, in part, the commercial law adopted in all of the jurisdictions in the United States. The concentration will be with the law of sales, secured transactions and negotiable instruments. Letters of credit will be touched on briefly. Comparisons will be made between the law of the United States and the corresponding international commercial law rules as well as the governing rules in the major common law jurisdictions. In addition, the principal proposed revisions to the sales and secured transactions provisions of the Uniform Commercial Code will be discussed.
Assessment Final examination: 100%
Texts
To be advised
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