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ERIC Number: EJ905001
Record Type: Journal
Publication Date: 2004-Dec
Pages: 6
Abstractor: ERIC
Reference Count: N/A
ISSN: ISSN-0896-5811
Using a Simple Sports Analogy to Help Students Cope with Negotiability, Liability, and Holders in Due Course
Boggs, Glenn
Journal of Legal Studies Education, v21 n2 p299-304 Dec 2004
Those who have taught commercial paper, sometimes referred to as negotiable instruments, to undergraduate business students know all too well that complexity abounds: "Holders in due course!" "Liability of the parties!" Those who have taught in this area also know the fear students experience as these topics are introduced and discussed. In America's economy this area of the law continues to be an important knowledge base for effective contracts and their successful performance. Further, in the American Institute of Certified Public Accountants' new, revised CPA Exam (with administration having commenced in April 2004), the Uniform Commercial Code (U.C.C.) remains an extensive area of testing and focus with Negotiable Instruments listed as a continuing topic of coverage on the exam. Students who must master the material on the revised CPA exam will continue to struggle to master the concepts of negotiability, transfer of negotiable instruments, holders in due course, and liability of the parties. What seems like mental gymnastics to students in this critical area of the law challenges instructors too. Ideas, suggestions, and pedagogical tools that help make the complex principles of this area of the law more clear to students have been few and far between." The purpose of this teaching note is to provide a chart using a baseball/softball analogy to help students cope with negotiability, liability, and holders in due course. The baseball/softball analogy offered in this article gives instructors another option to use when teaching a U.C.C. course to undergraduate students. (Contains 1 figure and 8 footnotes.)
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A