This course is about commercial transactions involving consensual arrangements to finance the supply of things. It deals with the law relating to secured transactions in personal property and, in particular, involves a detailed study of the Personal Property Security Act (the PPSA). Topics to be covered include the scope and application of the PPSA, the validity of security agreements, the rights of a secured party and debtor, registration, priority rules, enforcement, and security interests under the Federal Bank Act.
This course is about commercial transactions involving consensual arrangements to finance the supply of things. It deals with the law relating to secured transactions in personal property and, in particular, involves a detailed study of the Personal Property Security Act (the PPSA). Topics to be covered include the scope and application of the PPSA, the validity of security agreements, the rights of a secured party and debtor, registration, priority rules, enforcement, and security interests under the Federal Bank Act.