Unit Four Negotiable Instruments and Secured Transactions 3
Lesson One Commercial Paper and the Concept of Holder in Due Course 3
Lesson Two Check Collection and Allocation of Liability 13
Lesson Three The Bank and Its Customer:Rights,Duties and Liabilities 21
Lesson Four Secured Transactions 30
Cases for Supplementary Reading 38
(1)Bank of Miami v.Florida City Express,Inc.(1979) 39
(2)MidWisconsin Bank v.Forsgard Trading,Inc.(2003) 41
(3)Messing v.Bank of America(2002) 45
(4)Wachovia Bank,N.A.v.Federal Reserve Bank(2003) 50
(5)Yacht Club Sales v.First Nat.Bank of North Idaho(1980) 55
(6)Charles Ragusa ＆ Son v.Community State Bank(1978) 58
(7)H.Schultz ＆ Sons,Inc.v.Bank of Suffolk County(1977) 60
(8)Gibbs v.King(1978) 64
(9)Chapman Parts Warehouse,Inc.v.Guderian(1980) 66
Unit Five The Law of Property 71
Lesson One Property:Real and Personal 71
Lesson Two Transfer of Real Property 81
Lesson Three Real Estate Brokers and the Law of Agency 90
Lesson Four Intellectual Property 99
Cases for Supplementary Reading 109
(1)United States v.Causby(1946) 110
(2)Susette Kelo v.City of New London,Connecticut(2005) 113
(3)State of New Jersey v.Shack and Tejeras(1971) 119
(4)Baker v.Weedon(1972) 124
(5)P.B.R.Enterprises v.Perren(1979) 128
(6)First Federal Savings ＆ Loan Assn.of Miami v.Fisher(1952) 131
(7)Gerruth Realty Co.v.Pire(1962) 135
(8)Sanders v.Stevens(1922) 139
(9)Metro-Goldwyn-Mayer Studios v.Grokster,Ltd.(2005) 143
Unit Six Tort Law 151
Lesson One Introduction to Tort Law 151
Lesson Two Intentional Torts 160
Lesson Three Negligence 169
Lesson Four Liability Without Fault and Products Liability 179
Cases for Supplementary Reading 187
(1)Bonkowski v.Arlan's Department Store(1968) 188
(2)Hackbart v.Cincinnati Bengals,Inc.(1979) 191
(3)Gregory v.McDonnell Douglas Corp.(1976) 193
(4)Robinson v.Lindsay(1979) 198
(5)Scott v.Bradford(1979) 201
(6)Derdiarian v.Felix Contracting Corp.(1981) 207
(7)Palsgraf v.Long Island R.R.Co.(1928) 211
(8)United States v.Slanina(2002) 215
(9)Baxter v.Ford Motor Co.(1932) 220
(10)Carrasco v.Mendez(2005) 223
(11)Bosley Med.Inst.v.Kremer(2005) 226
Unit Seven Business Associations 233
Lesson One An Overview 233
Lesson Two Choosing the Appropriate Business Form 242
Lesson Three Partnerships:Formation,Operation and Dissolution 251
Cases for Supplementary Reading 259
(1)Miller v.City Bank ＆ Trust Co.(1978) 260
(2)Gast v.Petsinger(1974) 263
(3)Smith v.Dixon(1965) 267
(4)Rouse v.Pollard(1941) 269
(5)Meinhard v.Salmon(1928) 273
(6)Tropeano v.Dorman(2006) 276
Unit Eight Corporate Law 283
Lesson One Formation of Corporations 283
Lesson Two Management and Control 291
Lesson Three Corporate Dissolutions,Mergers,and Consolidations 300
Lesson Four Securities Regulation 308
Lesson Five Contests for Control 316
Cases for Supplementary Reading 326
(1)Minton v.Cavaney(1961) 327
(2)Bernardin Inc.v.Midland Oil Corp.(1975) 330
(3)Unilever Acquisition Corp.v.Richardson-Vicks,Inc.(1985) 333
(4)Perlman v.Feldmann(1955) 337
(5)Shlensky v.Wrigley(1968) 341
(6)Dura Pharmaceuticals v.Broudo(2005) 345
(7)Ernst ＆ Ernst v.Hochfelder(1976) 349
(8)Chiarella v.United States(1980) 353
(9)Berwald v.Mission Development Co.(1962) 358
(10)Arthur Andersen v.United States(2005) 362
Appendix Ⅰ Key to Exercises 367
Appendix Ⅱ Text Translation 419