An examination of selected major and emerging issues in the discipline. Both theoretical and practical dimensions are examined through the use of cases and other materials. An in-depth study of the law of commercial transactions. This course reviews the Uniform Commercial Code and its legal effect on sales, commercial paper and secured transactions. Insurance, real and personal property are also covered.
Legal writing is emphasized.
This course is highly recommended for students preparing to take the Uniform CPA Exam. Does not satisfy Accounting elective. Legal considerations that apply to U.S. business in the international marketplace. Analysis of issues involving contract negotiations and enforcement, venue, jurisdiction, arbitration, financing of international trade, international conventions, the European Economic Community, American trade laws, and multinational business issues are covered. The course uses a combination of statutory review, case analysis, and commentary.