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Security for Future Payments: Narrated Multi-Media Electronic Lessons

Posted: 16 Sep 2010 Last revised: 9 Feb 2012

Paul Wangerin

The John Marshall Law School

Date Written: 2010


These electronic essays discuss methods that credit lenders and credit sellers use to secure future payments of debts, i.e. credit payments. Three of the topics that are covered - mortgages, Article 9 secured transactions, and suretyship promises – are tested heavily on the bar exam. The fourth topic, credit default swaps, is not generally tested on the bar. However, credit default swaps are worthy of analysis because they played a major role in the near-collapse of the world's economy in 2008.

There are about thirty individual electronic essays in this overall set of electronic essays, and about thirty accompanying graphics-only versions of these e-essays. The electronic essays themselves are .swf files and can be watched/listened to on Windows PC’s or Macs. These files, which are 10-15 megs in size, are filled with media, including music and narration. The graphics only versions of the essays are ppt files. They too can can be viewed on Windows PC’s or Macs. These ppt files are 2-3 megs in size.

This set of electronic essays on Security for Future Payments coordinates with other sets of lessons in an overall group of electronic essays on selected topics in USA Business law.

A copy of this electronic lesson can be found online.

Keywords: Mortgages, Secured Transactions, UCC, Article 9

Suggested Citation

Wangerin, Paul mname, Security for Future Payments: Narrated Multi-Media Electronic Lessons (2010). Available at SSRN:

Paul T. Wangerin (Contact Author)

The John Marshall Law School ( email )

315 South Plymouth Court
Chicago, IL 60604
United States
312-987-2374 (Phone)

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