Weekly round-up, February 23

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Here’s what we’ll be doing in class this week:

  • In BUS 100-01, we’ll study small business and entrepreneurship on Tuesday and accounting on Thursday.
  • In BUS 100-80, It’s midterm week. Take your exam sometime between this Wednesday, February 25 and midnight next Tuesday, March 3.
  • In BUS 263-01, we’ll finish up contract breach and remedies on Tuesday and start on the UCC on Thursday.
  • In BUS 263-80, we’ll look at the UCC.
  • In PRL 101, I’ll give feedback on your complaint assignment drafts, we’ll discuss tort law, and then review for next week’s test.

Weekly round-up, February 16

creative commons licensed ( BY-NC-ND ) flickr photo shared by Mark Kaletka

Happy Presidents’ Day everyone. Here’s what’s happening in class this week:

  • In BUS 100-01, we have our first test on Tuesday, and then on Thursday, we look at small businesses and entrepreneurship.
  • In BUS 100-80, We’ll look at small business and entrepreneurship.
  • In BUS 263-01, we’ll finish contract formation on Tuesday and then on Thursday we’ll start looking at contract performance, breach, and remedies.
  • In BUS 263-80, we’ll look at contract formation and contract remedies.
  • In PRL 101, we’ll look at civil litigation and criminal law and procedure. We’ll also get started on the draft of the complain assignment.

Presidents’ Day trivia: the official federal holiday is Washington’s Birthday, but never falls on Washington’s actual birthday; the holiday in Alabama is George Washington’s and Thomas Jefferson’s (but not Lincoln’s) Birthday, even though Jefferson was born in April.

Weekly round-up, Feb. 9

creative commons licensed ( BY ) flickr photo shared by Joe Lanman
Here’s what’s happening this week:

  • In BUS 100-01, we’ll finish business organizations on Tuesday and review for the test on Thursday.
  • In BUS 100-80, we’ll study business organizations.
  • In BUS 263-01, we’ll study criminal law on Tuesday and start contract law on Thursday.
  • In BUS 263-80, we’ll study criminal law.
  • In PRL 101, the final draft of Brief 1 is due at the beginning of class and then we’ll have our first test.

Recent study on arbitration clauses

creative commons licensed ( BY-NC-ND ) flickr photo shared by jk5854
One of the reasons I emphasize arbitration in class so much is because arbitration agreements waive one of the most fundamental constitutional rights in a civil society: the right of access to courts to settle disputes. A recent study shows that a significant number of Americans don’t understand what an arbitration clause means even after reading a clause that was “easier to understand and much shorter than the average credit card arbitration clause”:

We found that almost none of the consumers understood the arbitration clause. Many thought the clause did not take away their rights. Thus, nearly half thought that a clause that said they couldn’t sue in court didn’t say that at all, while only 14 percent realized that it blocked them from suing. Similarly, 48 percent thought that they could be part of a class-action suit under a contract that said they couldn’t be. Just 12 percent recognized that the contract barred them from bringing a class-action suit.

Caveat emptor.