www.aspenlawschool.com/books/lopuckicommercial</a> </p> <p> <b>Commercial Transactions: A Systems Approach</b> offers extraordinary authorship, a flexible assignment-based structure, and the Systems Approach, which looks at how the law is applied in actual transactions. </p> <p> <b>The Fourth Edition continues to offer</b>: </p> <ul> <li> <b>outstanding authorship</b> from luminary scholars in secured credit, payment systems, and sales law </li> <li> the <b>Systems Approach</b> that looks at the specific systems, or infrastructure, that support real transactions in practice </li> <li> <b>an assignment-based organizational structure</b> that offers flexibility and ease in teaching </li> <li> <b>well-crafted</b> and <b>up-to-date problems</b>—many of them new to the Fourth Edition </li> <li> <b>clear and straightforward</b> introductions and explanations </li> <li> important <b>recent Supreme Court cases</b> </li> <li> <b>cutting-edge coverage</b> </li> <li> a <b>clear statement of which baseline version of the UCC</b> <b>is being used</b> in each section </li> <li> a <b>detailed Teacher’s Manual*</b> that includes answers to all of the problems, suggestions for tailoring coverage to three and four-credit courses, and transitional guidance to help you adapt your syllabus to the new edition </li> </ul> <p> <b>Specific updates in each Part of the Fourth Edition</b>: </p> <p> <b>Part One: Sales Systems</b>: </p> <ul> <li> Phillips v. Cricket Lighters </li> <li> Additional material and new problems on: <ul> <li> 2-207 and the battle of the forms </li> <li> Simultaneous acceptance and breach under 2-206 </li> <li> Adequate assurance of future performance and reasonable grounds for insecurity </li> <li> Measuring damages in the case of anticipatory repudiation </li> </ul> </li> </ul> <p> <b>Part Two: Financial Systems</b>: </p> <ul> <li> U.S. Bank N.A. v. HMA, L.C.; CitiBank v. Mincks; New Century Financial Services v. Dennegar and DBI Architects v. American Express; Winter Storm Shipping v. Thai Petrochemical and Rivet v. Regions Bank of Louisiana </li> <li> expanded coverage of wire transfers </li> <li> new chapters on credit enhancement and letters of credit, including both commercial and standby letters of credit to reflect changes from UCP500 to UCP600 </li> </ul> <p> <b>Part Three: Secured Credit </b> </p> <ul> <li> updates to reflect adoption of revised Article 1 by a majority of states—while preserving old Article 1 section numbers for use in states that haven’t made that change yet </li> <li> chattel paper, instruments, accounts, and payment intangibles, including the celebrated Commercial Money Center case </li> <li> asset securitization, the sale-lease distinction—including In re Worldcom—and new debtors </li> <li> updated search methods and costs to reflect migration of the UCC filing systems to the Internet </li> </ul> <p> For comprehensive coverage of commercial transactions, luminary authorship, and a highly teachable assignment-based approach, look no further than your complimentary copy of <b>Commercial Transactions: A Systems Approach</b>, now in its <b>Fourth Edition</b>. <br /> <br /> </p> <p> <b><font size="1">*A Teacher’s Manual may be available for this book. Teacher’s Manuals are a professional courtesy offered to professors only. For more information or to request a copy, please contact Aspen Publishers at 800-950-5259 or [email protected]</font></b>. </p> <p> </p> <p> </p> <p> </p> <p> </p>

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