LAW 585 - Commercial Transactions

3 units (fi 6)(EITHER, 3-0-0)

Commercial law is the body of law that governs commercial dealings between business entities. This course explores the legal rules and principles that govern four highly significant types of commercial transactions. Sales law deals with the implied terms, passage of property and other related issues under a contract for the sale of goods. Negotiable instruments law covers cheques, bills of exchange and promissory notes. Securities transfer law deals with both direct and indirect holding systems for the holding and transferring of shares bonds and other forms of investment property. The law of guarantees deals with contractual undertakings to answer to another person's default.

LAW 601 - Corporate Reorganization and Restructuring

3 units (fi 6)(EITHER, 3-0-0)

Corporate reorganization and restructuring law defines a process through which an insolvent corporation attempts to reach an arrangement or proposal with its creditors. Students will acquire an understanding of the fundamental rules and principles of corporate reorganization and insolvency law within the context of a legal skills-training simulation that will also develop their ability to advise clients, negotiate with other lawyers and present arguments before a judge. Prerequisite: LAW 584.