Customer Reviews

Secured Transactions: Examples & Explanations

5 star:		(3)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(0)

 

 

This book is a great resource for reviewing prior to exams. The only things that kept this from a 5-star review were the fact that most of the material is in the form of explanations to the examples (rather than in the text prior to the examples as is the case with most of the books in this series) and that the writing style is a little goofy. That being said, however, the book is very clear and easy to understand.

Takes some very dense material and puts it into plain english. Very helpful. I highly recommend it to any law school student.

I'll start by saying that this book has all of the information you might ever need, and that if you're confused on a very simple concept, then hey it's probably in here...somewhere.

My issue with this book is that it is a terrible study aid for a law school final exam. I'm assuming that a person taking an exam would have some semblance of a familiarity with the subject before they even picked up this book. I mean heck, they took the class, presumably attended once or twice, and maybe even did some outlining before this. I bought this book to use as a way to read through some hypos and get some quick explanations (examples and explanations right?). This book is set up in the most inefficient manner ever. You waste 99% of time reading page long explanations of why a lender's security interest is valid and senior, before you get to the real point of the hypo: there's a purchase money security interest with super-priority that will trump the lender. OMG really?! Who didn't see this coming? All we really care about is the application of the relevant statutory sections. The answer literally could be two sentences. I am 100% aware of the fact that in an actual exam you will need to go through all of these steps, my issue is that the author does it needlessly for each explanation. The problem with this is that each explanation covers ONE ISSUE, and very rarely includes another issue, i.e. PMSI section tests PMSI, "Where to File" section tests only sufficiency the filing office chosen. Problem is that this is extremely inefficient. You have to read hundreds of examples just to learn the basics of each issue. 90% of law school exams are long, multiple page, issue spotting hypos. This book DOES NOT help you with issue spotting at all.

Instead, what you get is the author trying to be "cute" or "funny" with his prose. The only thing this accomplishes is extending the explanation of the world's simplest hypo covering A SINGLE ISSUE into a two page long read. 20 minutes later you palm-to-face yourself as your read the punchline of the explanation "but this doesn't matter because seller has a purchase money security interest and you have 20 days to perfect." Unless you have all the time in the world, you're better off Googling hypos and working through them on your own.

All of the Example and Explanation books are great to assist with your prep for finals.

Product came very quickly, was very well packaged, and in outstanding condition as was advertised. I couldn't have asked for any better. Most highly recommended.