Welcome to Commercial Transactions
MBA - 661

Harned Hall, Rm. 117 at 5:00 - 7:40 pm

Course Description: Advanced law course involving accelerated overview of contracts, bankruptcy, uniform commercial code [UCC], property, business organizations and government regulations.

Office Hours: available before class by appointment or via emaiat snewman@stmartin.edu

Required Resources:

    • SMU E-mail account: You must have an active SMU email account as I send articles of interest, quizzes and exams via email.

    • Book: Business Law - Text and Cases:  Commercial Law for Accountants by Roger LeRoy Miller, Cengage Learning [ISBN-13:978-1-285-77017-8

    • Book Chapter  Power Points (All Chapters)

    • Supplemental materials: We will study the Uniform Commercial Code [UCC] and caselaw. The UCC is found at appendix A of your text and Washington's version is found at Ch. 62A RCW [http://apps.leg.wa.gov/rcw/default.aspx?Cite=62A]. You will also see that I have additional readings listed per week and on the forum from a variety of sources to help you understand the subject matter.

On Line Resources: You will find helpful summaries and Power Points for this class on my website by clicking on this link Business Law Resources

General Class Policy : Re-dos; Incompletes; Attendance; Participation; Other see: Professor Newman Class Policies

Expectations of MBA 661  of Students.


Grade determination method: 500 points total

  • 4 Exams @ 100/each = 400 total (may be take home but don't count on it)

  • Active attendance and participation (posting comments on the Course Discussion Forum below and case assignments ) - 100 points


Newman NoteI sincerely hope you find this course interesting, informative and useful. If you have a particular topics of interest or question, feel free to email me. I am usually available via email at: snewman@stmartin.edu  I have listed reading assignments, exams and resources for each week below. Please note that I reserve the option to modify the schedule to accomodate challenges.  Also, note I frequently add content to the syllabus and forums based on current events so check for additions. Also, please note the purpose of the "forum" discussions is to create a virtual classroom conversation with me and your fellow students about a topic. I will post articles and topic and you can post as well. I would encourage you to do so. I strongly suggest study groups or study buddies.


Statement to Students concerning Academic Dishonesty: 

Acts of academic dishonesty, plagiarism and cheating are considered unethical actions and a violation of university’s academic policy (SMU Catalog). Sanctions and procedures are included in the SMU Academic Catalog.

Statement to Students with Disabilities:

Students wishing to request appropriate accommodations are responsible for initiating contact with the SMU Office of Disability Support Services located at 214 OM [phone 438-4580; lpuryear@stmartin.edu]. The office will access the individual needs of each student, assist him or her in communicating those needs to faculty and staff and help the student obtain the materials, services, and the assistance necessary to successfully pursue their higher education.

University Mission and Academic Values (SMU Catalog - Selected Excerpts)

University Mission: To know, to care, to serve – to educate
University Academic Values: Knowledge, Spirituality, Hospitality, Service, Creativity, Communication, Inquiry, Discovery, Holistic Education.

Business Division Philosophy (SMU Catalog)

Built on the General Education foundation informed by Saint Martin’s Catholic, Benedictine heritage and values, Business and Economics offers a unified business program that integrates the separate functional areas of business. Acknowledging the technologic innovation, ever-changing global marketplace and challenged ecosystems currently shaping the world, the Business Administration Program offers students an opportunity to learn and practice general management skills, discover the need for ethical decision-making and acquire functional business area expertise. Through practice and active learning, students also gain the ability to work cooperatively in diverse teams. They become effective writers and speakers, and they demonstrate sharpened critical thinking skills and professional judgment. Students graduate with a broad perspective on the business world and its place in our culture. Saint Martin’s graduates have the ability to work across business functions, adjust quickly to new situations, accept change and ambiguity as a natural part of life, and become enthusiastic lifelong learners. National or State Standards consistent with AACSB and AICPA

Course Grading Scale:

93-100 = A
90-93 – A-
87-90 = B+
83-87 = B
80-83 = B-
77-80 = C+
73-77 = C
70-73 = C-
67-70 =D+
63-67 = D
60-63 = D -
60: F

Grade determination method: 500 points total

  • 4 Exams @ 100/each = 400 total (may be take home but don't count on it)

  • Active attendance and participation (posting comments on the Course Discussion Forum below and case assignments ) - 100 points



Class participation can and does make a difference!!

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Syllabus will be
 on Moodle - log in here