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.
Read moreThis 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.
Read moreThis lesson lays the foundation for the advanced study of mortgages and financing that is based on the security of mortgage, mortgage variants, and mortgage substitutes.
Read moreThis 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.
Read moreThis 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.
Read moreThis lesson will cover the remedy known as the Accounting for Profits. Frequently, this remedy is not covered extensively in the classroom setting, probably because the accounting for profits often accompanies other remedies which receive greater attention. Consequently, this lesson is designed to provide basic coverage of this remedial option. Another lesson, "Equitable Protection of Restitution: The Constructive Trust and Equitable Lien" is recommended. Taken together, students will learn when each form of relief is available, the advantages and disadvantages that each form offers and, when the choice is available, the strategic implications of choosing one form over another.
Read moreThis lesson covers the availability of non-economic damages; evidentiary issues in proving these damages; and issues in the argument to the jury of these damages. This lesson gives you an opportunity to explore the "how to" of non-economic damages, particularly damages for pain and suffering and mental or emotional distress. The lesson is designed for upper-level students in remedies, advanced torts, or trial practice courses. Students should have some basic knowledge of both tort law and evidence law. First-year students may find the lesson accessible by making use of the pop-up screens providing background on concepts and rules.
Read moreThe lesson introduces several common rule structures and tests recognition of each. The lesson challenges the student to recognize the rule of law as it appears in several cases.
Read moreThe terms of a contract include express and implied promises, conditions, provisos and presuppositions that bind the parties. Contracts often have "gaps" in them, either intentionally or unintentionally left that way by the parties. This exercise considers how courts supply terms to fill those gaps both at common law and under the UCC.
Read moreThis lesson will introduce you to the quasi-legislative process known as rulemaking. It will familiarize you with the publication system and with the sources you will access to research regulations. The lesson includes several images of Federal Register and Code of Federal Regulations pages, and links to regulatory information on the Government Publishing Office's homepage. The lesson is designed to augment a substantive Administrative Law Course or an Advanced Legal Research class.
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