Commercial Paper Question

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romothesavior
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Commercial Paper Question

Postby romothesavior » Mon Apr 22, 2013 11:24 am

Someone explain the basics of transfer warranties v. presentment warranties (and indorsement liability generally, if you've got the time) as if you were explaining it to your mother.

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romothesavior
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Re: Commercial Paper Question

Postby romothesavior » Fri Apr 26, 2013 1:09 pm

Image

I think I (sort of) figured out this question, but is anyone else in here in commercial paper, payment systems, commercial law, secured transactions, etc. (i.e., learning about UCC 3, 4, and 9, credit cards, debit cards, checking systems, secured debt, etc.)? This is some of the worst stuff I've ever gone through in 3 years of law school.

rad lulz
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Re: Commercial Paper Question

Postby rad lulz » Fri Apr 26, 2013 1:12 pm

I think you're the only person I know who has taken commercial paper

Actually wait some girl I know back home took it as part of Nova's AAMPLE program

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romothesavior
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Re: Commercial Paper Question

Postby romothesavior » Fri Apr 26, 2013 1:19 pm

rad lulz wrote:I think you're the only person I know who has taken commercial paper

Actually wait some girl I know back home took it as part of Nova's AAMPLE program

Its a popular class at our school called "Commercial Law." I think it's a combo of Secured Transactions and Payment Systems/Commercial Paper. So awful, but supposedly good for the bar.

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Bikeflip
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Re: Commercial Paper Question

Postby Bikeflip » Sat Apr 27, 2013 1:38 am

romothesavior wrote:
rad lulz wrote:I think you're the only person I know who has taken commercial paper

Actually wait some girl I know back home took it as part of Nova's AAMPLE program

Its a popular class at our school called "Commercial Law." I think it's a combo of Secured Transactions and Payment Systems/Commercial Paper. So awful, but supposedly good for the bar.


This. Shoot me.

lukertin
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Re: Commercial Paper Question

Postby lukertin » Sat Apr 27, 2013 2:56 am

romothesavior wrote:So awful, but supposedly good for the bar.

IDK about that, commercial paper questions on the bar tend to be really simple, and probably unlikely that there'd be an entire question based on the subject (more like its just 1 issue in an overall exam question)--I didn't run into any of them when I took the bar.

Warranties and liabilities on indorsement are a huge cesspool of who did what, when, and what was the chain of ownership/possession/title of the negotiable instrument. It probably helps if you don't think of them as a contract.

maf70
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Re: Commercial Paper Question

Postby maf70 » Sat Apr 27, 2013 6:51 am

A user from GWU posted a pretty good Commercial Paper outline. I used it and ended up getting an A when I took the class.

viewtopic.php?f=11&t=82410

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Bikeflip
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Re: Commercial Paper Question

Postby Bikeflip » Sat Apr 27, 2013 3:04 pm

maf70 wrote:A user from GWU posted a pretty good Commercial Paper outline. I used it and ended up getting an A when I took the class.

http://www.top-law-schools.com/forums/v ... 11&t=82410



Nice.

rad lulz
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Re: Commercial Paper Question

Postby rad lulz » Sat Apr 27, 2013 3:39 pm

Bikeflip wrote:
maf70 wrote:A user from GWU posted a pretty good Commercial Paper outline. I used it and ended up getting an A when I took the class.

viewtopic.php?f=11&t=82410



Nice.

I miss dood

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SAOJD10
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Re: Commercial Paper Question

Postby SAOJD10 » Sat Apr 27, 2013 9:40 pm

PM if you want an outline covering this, my professor spoon fed us this stuff at the very end of the semester. I can feel your pain I also took secured transactions and commercial law (combo of sales and payment systems) in the same semester.

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Bikeflip
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Re: Commercial Paper Question

Postby Bikeflip » Sat Apr 27, 2013 10:00 pm

SAOJD10 wrote:PM if you want an outline covering this, my professor spoon fed us this stuff at the very end of the semester. I can feel your pain I also took secured transactions and commercial law (combo of sales and payment systems) in the same semester.



Oh god. That sounds awful.




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