This lesson examines the Supreme Court's decision in SEC v. Howey Co. defining the term "investment contract," and the subsequent evolution of that definition.
2L-3L Upper Level Lesson Topics
This set of Topics covers subjects typically taught during the second and third years of law school.
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This lesson addresses freedom of speech issues for public school employees at the elementary, secondary, and post-secondary levels.
This lesson is the first part of a two-part introduction to the federal crowdfunding exemption from the registration requirement of the Securities Act of 1933. Before taking this lesson, students should have a basic understanding of the Securities Act of 1933 and its registration requirement.
This lesson addresses the First Amendment protections for student speech in public elementary and secondary schools. You willl learn about the legal standards from United States Supreme Court cases that apply to different types of student speech, and how lower courts have interpreted these standards. You will then apply these standards to factual scenarios in multiple choice and essay type questions. This lesson includes the standards that apply to off-campus and online speech.
This is an advanced lesson covering the use of letters of intent in real estate transactions. To get the full benefit of this lesson, students should have completed at least the basic law school course in Contracts. Students should also complete the CALI lesson entitled: Purchase Options: Their Uses in Real Estate Transactions.
These questions review the materials covered in Chapter Six of the textbook Judicial Ethics and Conduct, available from CALI's eLangdell website. The subject matter covered includes: judges' extrajudicial activities and campaigns for judicial office.
These questions review the materials covered in Chapter Five of the textbook Judicial Ethics and Conduct, available from CALI's eLangdell website. The subject matter covered includes disqualification / recusal.
These questions review the materials covered in Chapter Four of the textbook Judicial Ethics and Conduct, available from CALI's eLangdell website. The subject matter covered include ex parte subject matter.
These questions review the materials covered in Chapter Three of the textbook Judicial Ethics and Conduct, available from CALI's eLangdell website.
These questions review the materials covered in Chapter Two of the textbook Judicial Ethics and Conduct, available from CALI's eLangdell website. The subject matter covered includes: Maintaining the Independence and Impartiality of the Judiciary.
This lesson is an introduction to Rule 504 of Regulation D, an exemption from the registration requirement of the Securities Act of 1933. Before taking this lesson, students should have a basic understanding of the Securities Act of 1933 and its registration requirement.
This lesson is an introduction to the Rule 506(b) and 506(c) exemptions in Regulation D. Each of these exemptions exempts offerings from the registration requirements of the Securities Act of 1933.
Before taking this lesson, students should have a basic understanding of the Securities Act of 1933 and its registration requirement.
This lesson is an introduction to Securities Act Rule 701, which exempts offers and sales of securities pursuant to compensatory benefit plans. It discusses the conditions which an issuer is required to meet to avoid registering such an offering.
This lesson is an introduction to the Rule 144 safe harbor exemption for resales of securities. It discusses the basic conditions under which both affiliates and non-affiliates may resell securities without Securities Act registration. Before working through this lesson, students should have a basic understanding of the registration requirement of the Securities Act of 1933 and the restrictions in section 5 of that Act. The lesson provides links to the relevant regulatory provisions, but you might find it helpful to have your own copy of Rule 144.
This is an introduction to Securities Act Rules 164 and 433 and the requirements for free-writing prospectuses under Rule 433.
This is the second of two lessons about real estate purchase options. This lesson explains the problems in using purchase options that arise when the subject of the option is real estate.
This is one of two lessons on section 11 of the Securities Act of 1933, which imposes liability for false or misleading registration statements. This lesson discusses the defenses to liability in section 11(b); the other lesson focuses on the basic requirements of a section 11 action.
This lesson is one of two lessons on section 11 of the Securities Act of 1933, which imposes liability for false or misleading registration statements. This lesson focuses on the basic requirements of a section 11 action; the other lesson discusses the defenses to liability in section 11(b).
This lesson is designed to introduce students to three different ways that "representation" can be defined under the intestacy system.
This is the first of two advanced lessons on real estate purchase options. In so doing, the lesson covers their contract nature of options and their uses.
This is the first in a series of three lessons on limited liability companies. It provides a comparative overview of unincorporated entities such as sole proprietorships, partnerships, and limited liability companies (LLCs), and incorporated entities including S and C corporations.
This lesson was written as a review of the material covered in Chapter 11 of the CALI e-book Wetlands Law: A Course Source. The lesson reviews the regulatory takings challenges that may be raised when a wetlands permit is denied or the government imposes conditions on the permit.
This lesson was written as a review of the material covered in Chapter 10 of the CALI e-book Wetlands Law: A Course Source.