BA326-Commercial Transactions

Course Description:  Property law; debtor-creditor relations; bankruptcy; sales law [Uniform Commercial Code Art. 2 and 2A]; Negotiable Instruments & Documents of Title [Uniform Commercial Code Art. 3 and 4]; Secured Transactions [Uniform Commercial Code Art. 9]; securities regulations; professional and legal responsibilities. Prerequisites: BA 225.

Location, dates & time :   Harned # 217      T & TR           9:30 - 10:50 AM.

Prerequiste: Completion of undergraduate business law course [BA 225].

Faculty Homepage:

Office Hours: available before class by appointment or via e-mail

Required Resources:

Book: “The Legal Environment of Business: Ethical, Regulatory, Global and E-Commerce Issues” 7th Ed (2009) by Frank B. Cross and Roger Miller

Power Points:   Power Points - All Chapter Summaries  (ref. by chapter)

Business Law Resources

Supplemental materials: We will study the Uniform Commercial Code [UCC] and caselaw. The UCC is found at Ch. 62A RCW []. 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.

Class Policy :

Grade determination method:

Quizzes: 7 quizzes @ 100/each = 700 points total

Active attendance and participation (including posting at least 5 intelligent comments per week on the articles posted by me and you on the forum) - 200 points total

 Chapter Power Point Summary - Power Points - All Chapter Summaries




 KCLL – Research Guides

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;]. 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

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