This lesson discusses sections 16(a) and 16(b) of the Securities Exchange Act of 1934. It begins with a discussion of the section 16(a) reporting requirement: who must file, what they must file, and when. It then proceeds with an element-by-element discussion of liability under section 16(b) for short-swing trading profits, including a brief introduction to the complexities introduced by derivative securities. It concludes with a discussion of enforcement issues: standing, limitations, and the right to attorneys' fees.
Read moreThis lesson teaches the Capital Asset Pricing Model. It begins by discussing risk and its control by diversification, and how betas measure the risk of diversified portfolios. The lesson is designed to guide the student through the CAPM in detail as part of a Corporate Finance or Mergers & Acquisitions course. In courses that do not cover the CAPM in detail, such as Business Association courses or Securities Regulation, this lesson can be used as further study or for skimming.
Read moreThis lesson introduces the user to the copyright issues that pertain to sound recordings.
Read moreThis lesson examines identification procedures in criminal cases through a short exploration of problems that can arise in making an identification, a primer on basic constitutional rules and the problem of suggestiveness, and a simple criminal case in which you act as an investigator and see the legal consequences of choosing different identification procedures.
Read moreThis lesson covers emerging issues of assisted reproduction technologies. Most specifically, it explores issues of parental rights on both a constitutional and state level. Topics covered include artificial insemination, surrogacy, and the status of un-implanted pre-embryos when the parties disagree about implantation. It does not cover post-partum conception. The lesson includes the issue of lesbian partners when one provides the egg and the other is the gestational mother but it does not cover other issues of lesbian parenthood.
Read moreThis lesson is designed to provide students with both an overview of Michigan primary resources and a "how to" guide to researching various Michigan primary resources. While the lesson aims to introduce the specifics of researching Michigan law to a researcher already familiar with the basics of legal research, it will also be helpful to students and professionals trying to understand those basics through the process of Michigan-specific research.
Read moreWe are all aware of the perils of poor electronic legal research skills. And, we have all heard of ways the misuse of electronic legal resources has challenged those engaged in legal practice. Though Westlaw® and Lexis® provide us with sophisticated functionality that can ease the pain of legal research, these systems do not necessarily provide the most cost efficient means of conducting research.
Read moreThe purpose of this exercise is to help students—especially first-year students—understand the process of legal analysis and improve their legal writing and legal analysis skills. Specifically, students will work on their ability to apply the law to the facts of a problem.
Read moreThis exercise is designed to introduce students to the broad range of exceptions available under the Federal Rules of Evidence. Using hypothetical fact situations, students are asked to assume the role of the judge and to rule on the applicability of Federal Rules of Evidence 803 and 804. The exercise requires students to know the proper application of each exception and to also understand the reason underlying each exception to the federal rules. Each section covers a separate sub-rule of either F.R.E. 803 or 804.
Read moreThis lesson addresses the trademark doctrine of "exhaustion/first sale." The doctrine governs the trademark owner's continuing rights regarding authentic goods bearing the mark put into the marketplace. The lesson assumes familiarity with trademark's policy objectives, the basic "likelihood of confusion" test for infringement and "fair use," in particular nominative fair use and the problems associated with implied sponsorship.
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