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Clear, lucid, and extremely accessible, Problems and Materials on Commercial Law helps students understand black letter law and the statutory language in the Uniform Commercial Code. Concise yet comprehensive coverage includes the most recent case and statutory developments in all fundamental areas of Commercial Law, including sales, payment systems, and secured transactions. A sensible, flexible organization follows the order of UCC Articles 2, 3, 4, and 9, and is adaptable to many teaching styles. Drawing on experience in both teaching and writing, the authors provide thorough and practical coverage using a popular problems approach. The text’s effective format, manageable length, and inclusion of the most important cases make Problems and Materials on Commercial Law concise and efficient.

New to the Twelfth Edition:

• New/expanded Problems throughout
• Updates on the fundamental areas of commercial law
• Sales:
  • New cases in most chapters examining hot topics
  • Expanded discussion of boilerplate clauses
  • Updated discussion of Restatement 3d changes to strict product liability standards
  • Examines whether Amazon is a seller of products or merely a distributor
• Payment:
  • Updated rules on check imaging and collection are covered in some detail
  • New cases, including DZ Bank AG Deutche Zentral-Genossenschaftsbank v. McCranie; Majestic Building Maintenance, Inc. v. Huntington Bancshares Inc.; Wesseling v. Brackmann; Auto Sision, Inc. v. Wells Fargo; Peter E. Shapiro P.A. v. Wells Fargo Bank, N.A.; Knop v. Knop; and Cheatham I.R.A. v. Huntington National Bank
  • Discussion of problems with accepting cashiers checks as payment
  • Expanded coverage of electronic payment issues, such as duplicate deposit by phone and errors in wire transfers
• Secured Transactions:
  • New cases, including Clark v. Missouri Lottery; BMW Financial Services, N.A. v. Felice; In re: Motors Liquidation Co.; Dr. Sena Yaddehige v. Xpert Technologies; and Hutzenbiler v. RJC Investment
  • New materials on such issues as consignments of artworks; leases distinguished from secured sales; Bitcoin as collateral; credit card receivables as accounts; name errors in financing statements; effectiveness of collateral descriptions; online filing of financing statements; bogus UCC filings; whether manufacturing robots are fixtures; certificate of title goods; and predatory auto lending practices

Professors and student will benefit from:

• Effective format that makes black letter law accessible and helps students understand statutory language
• Sensible organization that is adaptable to many teaching styles
• Thorough and up-to-date—covers the latest changes in (and cases relating to) U.C.C. Articles 2, 3, 4, and 9, as well as other relevant laws and cases
• Popular problems-based approach
• Distinguished authorship—draws on experience in both teaching and writing
• Manageable length
• Concise and lucid text
• The most important cases related to commercial law