A concise, clear, effective review of Secured Transactions topics
organized around the theme of multiple-choice questions. The basic format
follows the same structure established by the first title in the series,
Joseph Glannon’s The Glannon Guide to Civil Procedure. The book includes
brief explanatory text about the topic under discussion, followed by one
or two multiple-choice questions. After each question, the author explains
how the correct choice was chosen. Thus the student reviews course content
and also learns how to analyze exam questions.
Features:
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Integrates multiple-choice questions into a full-fledged review
of Article 9 of the Uniform Commercial Code
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Lead-up discussion of law in the text prepares students to
learn effectively from subsequent questions
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Clear explanations of correct and incorrect answers help to
clarify nuances in the law
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Multiple-choice questions are sophisticated but fair, neither
too difficult nor unrealistically straightforward
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Equally useful to all students, regardless of whether they will
be tested by multiple-choice questions on their exams
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Embodies a far more user-friendly and interactive approach than
other exam preparation aids
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A more challenging final question in each chapter (the “Closer ”
) illustrates a more sophisticated problem in the area under discussion
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“Closing Closer” questions in the last chapter
provide practice and helpful review of concepts in earlier chapters
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Valuable exam-taking pointers interspersed within the
substantive text
New to the Second Edition:
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Incorporates the substantial revision of Article 9 (Secured
Transactions) that is now in the process of adoption by the states.
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Updated to reflect the fact that Revised Article 1, which is
frequently cited in the text, has now been enacted in almost all
jurisdiction
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Incorporates changes in the Bankruptcy Code that were enacted
since the first publication
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More material on topics that students find difficult, such as
classification of collateral and different methods of perfecting each
type
1. A Very Short Introduction
2. Working With the Uniform Commercial Code
3. What is a Security Interest?
4. Overview
5. The Scope of Article 9
6. Creation of a Security Interest
7. The Security Interest as a “Floating Lien”
8. Secured Party v. Debtor
9. Disposition of the Collateral after Repossession
10. Sale and Deficiency
11. Secondary Obligors
12. Perfection by Filing -- The Initial Financing Statement
13. Amendments to the Initial Filing
14. Exceptions to Perfection by Filing
15. Secured Party v. Buyer
16. Secured Party v. Secured Party
17. Secured Party v. Other Creditors
18. Secured Party v. Party with an Interest in Fixtures, Accessions, or
Commingled Goods
19. The Impact of Bankruptcy on Security Interests
20. Closing Closers
