Wednesday, July 16, 2008

Bar Exam - 13 days out

I'm 13 days from the bar exam, sitting in my favorite coffee shop, Arsaga's, studying Commercial Paper and Secured Transaction. Fascinating stuff, I know.


For the Comm'l Paper/Secured Transactions essay, I'm supposed to memorize the following:
  • 2 types of commercial paper
  • 5 parties involved in commercial paper
  • 9 elements of negotiability
  • 4 elements for the Holder in Due Course doctrine
  • 10 real defenses
  • 3 exceptions to drawee liability
  • 1 exception to an exception to drawee liability
  • 16 types of collateral in secured transactions
  • 3 steps to creating a security interest
  • 5 methods of perfection
  • 1 general rule ("first to file" prevails)
  • 10 exceptions to the general rule and a few exceptions to the exceptions
So that can't be too hard, right?

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