All the secured transactions-related subjects tested on the Uniform Bar Exam (UBE). That means they have you covered when it comes to related essay questions on the Multistate Essay Exam (MEE). Plus, they cover most of the topics discussed in related law school classes.

Collateral Basics

  • Classes of goods
  • After-acquired property
  • Future advances
  • PMSI and consignments
  • Title irrelevant
  • Debtor flexibility
  • Duties of possession
  • Accessions versus commingled goods

Attachment and Perfection

  • Attachment
  • Perfection
  • Financing statement amendments
  • Request for accounting

Collateral Sold by the Debtor

  • Buyers normally take subject to perfected interests
  • Proceeds
  • Shelter Rule
  • Assignment

Priority

  • Priority based on security interest type
  • Priority based on timing
  • Special priority rules
  • Subordination

Enforcement, Termination

  • Repossession
  • Foreclosure sales
  • Account debtors
  • Termination