Study

A study of basic policy choices made in the structuring of the law governing consumer and commercial transactions. The course serves as an overview of the role of debt in US society, especially consumer debt. This course looks at common debt arrangements, bankruptcy, and secured lending, both for personal property and for real property (mortgages). Particular attention is given to the lessons learned, and not learned, in the recent mortgage crisis. The course weaves discussions of major policy issues on excessive consumer and student debt with the substantive rules that define how debt arrangements are structured and then resolved, as in bankruptcy. Commercial Transactions and Principles of Commercial and Bankruptcy Law have a substantial overlap, and enrollment in one precludes enrollment in the other. The courses differ in their relative emphasis on bankruptcy law.

Spring 2019

Course Number	Course Credits	Evaluation Method	Instructor	Meeting Day/Times	Room
215.01	Course Credits 4	Final Exam	John C. Weistart	M/W 4:00-5:50 PM	4042
Sakai site: https://sakai.duke.edu/portal/site/LAW.215.01.Sp19
Email list: LAW.215.01.Sp19@sakai.duke.edu