Abstract

The author surveys and discusses recent case law and legislation dealing with the manifold aspects of commercial law. Primary among the topics examined are decisions concerning sales of goods, products liability, warehousing and shipping, negotiable instruments, sureties and guarantors, mortgages, banking, and secured transactions, as well as legislation on both state and federal levels affecting these fields. Particular attention is given to the impact of the Bankruptcy Reform Act of 1978 on secured transactions.