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Commercial Law: Contract, Payments, Security Interests, & Bankruptcy

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Commercial Law: Contract, Payments, Security Interests, & Bankruptcy

Legal concepts related to commercial law, including contracts, payment systems, security interests, and business bankruptcy.

  • Attachment of a Security Interest
  • Deeds of Trust and Security Deeds
  • Land Sale Contracts - Definition
  • Perfection of a Security Interest
  • Security Interest in Personal Property
  • Security Interest - Explained
  • Statute of Frauds - Explained
  • Exceptions to the Statute of Frauds
  • Terminating an Offer (Contract Law)
  • Voidability of a Contract
  • What is Consideration?
  • Promissory Estoppel (Contract) - Explained
  • Mailbox Rule for Contracts
  • Lawful Purpose for Contracts
  • Requirements to Form a Contract
  • Express and Implied Contracts - Explained
  • Executory vs Executed Contracts
  • Enforceable vs Valid Contracts
  • What is a Contract?
  • What is a Valid Offer to Contract?
  • Mental Capacity to Contract
  • Silence is Not Acceptance of an Offer
  • Unilateral and Bilateral Contracts
  • Third-Party Beneficiaries to a Contract
  • Mirror Image Rule - Contracts
  • Assignment of a Contract
  • Tendering Performance of a Contract
  • Performance, Substantial Performance, & Breach of Contract
  • Parol Evidence Rule - Contract Law
  • Impossibility and Impracticability - Contract Law
  • Discharge from Contract
  • Duty of Performance - Contract Law
  • Conditions Under Contract (Precedent and Subsequent)
  • Waiver or Release from Contract
  • Organization of a Contract
  • Influential Sources of Contract Law
  • Accord and Satisfaction (Contract) - Explained
  • Novation (Contract) - Explained
  • Anticipatory Repudiation (Contracts)
  • Establishing a Security Interest
  • Extent of a Security Agreement
  • Priority of Consumers Purchasing from Consumers
  • Security Interest in Mobile Homes
  • Security Interest Priority based on Consents, Disclaimers, and Rights to Remove
  • Voidable Contract Scenarios
  • What is a Divisible Contract?
  • Supervening Frustration of Purpose (Contract Law)
  • Damages in a Breach of Contract Action
  • Contract - Complete and Partial Integrations
  • Exceptions to the Parol Evidence Rule - Contract Law
  • Patent and Latent Ambiguities in a Contract
  • Contract Law (Intro)
  • Bankruptcy Law (Intro)
  • Commercial Paper (Intro)
  • Security Interests (Intro)
  • Types of Commercial Paper
  • Indorsement of a Negotiable Instrument
  • Transfer of a Negotiable Instrument
  • Presenting a Negotiable Instrument for Payment
  • Liability to Pay a Negotiable Instrument
  • Liability for Negotiable Instrument Signed by Agent
  • Lost Negotiable Instruments
  • Overdue Payment of Negotiable Instrument
  • Negotiable Instrument - Effect on Underlying Contract
  • What is a Holder in Due Course?
  • Requirements for Holder in Due Course Status
  • Who is a Holder of a Negotiable Instrument?
  • Holder in Due Course - Receive Instrument for Value
  • Holder in Due Course - Receive Instrument in Good Faith
  • Holder in Due Course - Notice of Valid Defense
  • Holder in Due Course - Discharge of Underlying Obligation
  • Shelter Principle and Negotiable Instruments
  • Limit Holder in Due Course Status
  • Personal Defenses to Negotiable Instrument
  • Real Defenses to Payment of Negotiable Instrument
  • Claim in Recoupment Applicable to Negotiable Instrument
  • Holder in Due Course - Consumer Transactions
  • Requirements for Negotiable Commercial Paper
  • Forged Negotiable Instrument and Holder Status
  • Negotiable Instrument - Accord and Satisfaction
  • Liability for Warranties of Negotiable Instrument
  • Drawer or Maker Liability to Pay Negotiable Instrument
  • Transfer Warranty of Negotiable Instrument
  • Indorser Liability for Negotiable Instrument
  • Presentment Warranty of a Negotiable Instrument
  • Warrantor Liability on Negotiable Instrument - Damages
  • Unconditional Promise to Pay - Commercial Paper
  • Warranty Liability Negotiable Instrument - Time Limitations
  • Benefits of a Security Interest in Collateral
  • Temporary Automatic Perfection in Proceeds from the Sale of Goods
  • Security Interest in Assignment of Accounts Receivable or Contract Rights
  • Perfection of a Security Interest by Possession
  • Permanent Perfection of Purchase Money Security Interest
  • Perfection of a Security Interest by Control
  • Perfection of Security Interest by Filing Financing Statement
  • Authorization Required to File Financing Statement
  • Appropriate Office to File a Financing Statement
  • What is Priority of a Security Interest?
  • Perfection and Priority of a Security Interest
  • What is a Mortgage?
  • Priority Regarding Conflicts in Security Interests
  • Priority of Parties Holding Statutory and Common Law Liens
  • Priority of a Secured Party vs a Buyer of Collateral
  • Protections of a Buyer in the Ordinary Course of Business
  • Consumers Buying and Selling Goods Subject to Security Interest
  • The Shelter Principle and Buyers of Collateral
  • Priority Rules for Conflicting Security Interests
  • Special Priority Rules for Proceeds from Sale of Collateral
  • Priority when making Future Advances to a Debtor
  • Priority of Purchase Money Security Interest in Collateral
  • Rights of a Mortgage Lender Holding a Security Interest
  • Purchase Money Security Interest in Inventory
  • Priority of Multiple Purchase Money Security Interest
  • Priority of Security Interest in Fixtures
  • Priority of Fixture Filer vs Mortgage Holder
  • Methods of Perfecting a Security Interest in Personal Property
  • Establishing a Security Interest in Real Property (Land)
  • Automatic Perfection of a Security Interest in Goods
  • Purchase Money Security Interest in Consumer Goods
  • Purchase Money Grace Period for Secured Parties
  • What is Bankruptcy?
  • Role of Trustee in Bankruptcy
  • Types of Bankruptcy
  • Automatic Stay of Proceedings in Bankruptcy
  • Voluntary and Involuntary Bankruptcy Requirements
  • Chapter 7 Bankruptcy Process
  • Chapter 11 Bankruptcy Process
  • Debtor in Possession - Authority to Accept or Reject Contracts
  • Avoiding Powers of Debtor in Possession
  • Authority of Debtor in Possession to Use Business Assets
  • Authority of Debtor in Possession to Secure Post Petition Financing
  • Appointment of Trustee or Examiner in Chapter 11 Bankruptcy
  • Bankruptcy Plan of Reorganization
  • Cramdown - Ch. 11 Bankruptcy (Video)
  • Discharge of Debtor in Bankruptcy
  • Primary Participants in Bankruptcy Process
  • Key Concepts to Understand Bankruptcy Process
  • What is the Authority of the Bankruptcy Court?
  • Assets Included in the Bankruptcy Estate
  • Section 362 Automatic Stay in Bankruptcy
  • Negotiable Instruments - Payable On Time or On Demand
  • Negotiable Instruments - Order or Bearer Paper
  • Negotiable Instrument - How is Payee Identified
  • Negotiable Instrument - General Rules of Interpretation
  • How is Negotiable Instrument Negotiated?
  • Battle of Forms - UCC - Acceptance of Offer to Contract
  • Options Contract and Firm Offers - Exception to Consideration Requirement
  • Types of Writing to Satisfy Statute of Frauds
  • Negotiability of a Commercial Instrument
  • Types of Indorsement of a Negotiable Instrument
  • Breach of Contract
  • Methods of Resolving Breach of Contract
  • Efficient Breach of Contract
  • Common Security Interests in Land
  • What is Commercial Paper?
  • What Rules Govern the Bankruptcy Process?
  • Evergreen Contract - Definition
  • E-Sign Act - Definition
  • Force Majeure Clause - Definition
  • Electronic Funds Transfers (EFT) - Definition
  • Engagement Letter - Definition
  • Red Herring (Securities) Definition
  • Non-Possessory Lien - Definition
  • Quid Pro Quo - Definition
  • Adhesion Contract - Definition
  • How to Read a Contract - Explained
  • Contract Warranties - Explained
  • Assumpsit - Definition
  • Boilerplate (Contract law) - Definition
  • Certified Check - Definition
  • Cashier's Check - Explained
  • Collateral (Security Interest) - Definition
  • Cosign - Definition
  • Cross Collateralization Definition
  • Cash Against Documents - Definition
  • Convention on Contracts for the International Sale of Goods (CISG) - Definition
  • Guarantee or Surety - Definition
  • Kiting (Fraud) - Definition
  • Inflation Adjustment Clause - Definition
  • Letter of Credit - Definition
  • Letter of Indemnity - Definition
  • Pari Passu - Definition
  • Absolute Priority Rule - Definition
  • Personal Guarantee - Definition
  • Pledge as Collateral - Definition
  • Aleatory Contract - Definition
  • Standby Letter of Credit - Definition
  • Surety - Definition
  • Shrinkwrap Agreement - Definition
  • Acceleration Clause (Contracts) - Definition
  • Tax Lien - Definition
  • Subordinated Debt - Definition
  • Uniform Commercial Code - Definition
  • Unsecured Loan - Definition
  • Allonge - Definition
  • Wire Transfer - Definition
  • Acceptance Letter of Credit - Definition
  • Uniform Customs and Practice - Definition
  • Promissory Note - Definition
  • Acceptance Market (Finance) - Definition
  • Accommodation Bill - Definition
  • Avalize - Definition
  • Substitute Check - Definition
  • Bank Draft - Definition
  • Buyback Allowance (Contracts) - Definition
  • Bulk Sales Law - Definition
  • Acceptance of a Bill of Exchange - Definition
  • UCC-1 Statement (Financing Statement) - Definition
  • Inchoate - Definition
  • Backup Line of Credit - Definition
  • Back-to-Back Letters of Credit - Definition
  • Debtor in Possession - Definition
  • After-Acquired Collateral - Definition
  • Secondary Liability - Definition
  • Secured Creditor - Definition
  • Commercial Paper Funding Program - Definition
  • Repudiation (Contract) - Definition
  • Rescission (Contract) - Definition
  • Continuation Statement - Definition
  • Contract Theory - Definition
  • Sight Draft - Definition
  • Subcontracting - Definition
  • Unencumbered - Definition
  • Unperfected Lien - Definition
  • Subordination Agreement - Definition
  • Bill of Sale - Definition
  • Banker's Acceptance - Definition
  • Barter - Definition
  • Payment in Kind - Definition
  • Cash With Order - Definition
  • Counterparty - Definition
  • Covenant - Definition
  • Letter of Guarantee - Definition
  • Accommodation Endorsement - Definition
  • Acceptance (Bill of Exchange) - Definition
  • Possessory Lien - Definition
  • Preferred Debt - Definition
  • Sum Certain (Contracts) - Definition
  • Escalator Clause - Definition
  • Abandonment Option (Contract) - Definition
  • Construction Lien - Definition
  • Exculpatory Clause - Definition
  • Reorganization - Definition
  • Accommodation Paper - Definition
  • Remittance Letter - Definition
  • Silent Automatic Lien - Definition
  • Unsecured Creditor - Definition
  • Irrevocable Letter of Credit - Definition
  • Insolvency - Definition
  • Privity (Contract law) - Definition
  • Bankruptcy Financing - Definition
  • Bankruptcy Abuse Prevention and Consumer Protection Act - Definition
  • Addendum (contract) - Definition
  • Click-Wrap Agreement - Definition
  • Blanket Lien - Definition
  • Collateralization - Definition
  • Meeting of the Minds - Definition
  • Mechanic's Lien - Definition
  • Negotiable Instrument - Definition
  • American Bankruptcy Institute - Definition
  • Cooling Off Rule - Definition
  • Sight Letter of Credit - Definition
  • WhatAutomated Clearing House (ACH) - Definition
  • Limited Recourse Debt - Definition
  • Chapter 12 Bankruptcy - Definition
  • Chapter 15 Bankruptcy - Definition
  • Chapter 9 Bankruptcy - Definition
  • Convenience Check - Definition
  • Bill of Exchange - Definition
  • Lien - Definition
  • Bank Endorsement - Definition
  • Blank Endorsement - Definition
  • Doctrine of Utmost Good Faith - Explained
  • Competitive Tender - Definition
  • Defeasance - Definition
  • Exposure Draft - Definition & Explanation
  • Asset-Backed Commercial Paper - Definition
  • Asset Backed Commercial Paper Money Market Fund Liquidity Facility - Definition
  • Bearer Form - Definition
  • Stolen Negotiable Instrument and Holder Status
  • Guarantor or Surety of a Negotiable Instrument
  • Proof of Claims in Bankruptcy Case
  • Discharge of Warranties of Negotiable Instrument
  • When a Contract Must be in Writing - Statute of Frauds
  • Contract Performance, Breach, and Damages
  • Defenses Against a Contract
  • Contracts that Must Be in Writing
  • Contracts and the Rights or Duties of Outsiders
  • Interpreting What a Contract Means
  • Performing a Contract
  • Breach of Contract and Defenses
  • Commercial Paper Explained
  • Further Assurance Clause - Definition
  • Terms of Service or Terms of Use - Definition
  • Usuance - Definition
  • Competition in Contracting Act - Definition
  • Undue Influence - Definition

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