Surveys U.S. commercial law, including U.S. contract law and U.C.C. subjects: sales transactions, negotiable instruments, and secured transactions. Course Information: Same as IBT 454. Previously listed as JD 715/IBT 715. Prerequisite(s): JD 401, and JD 405, and JD 406, and JD 407, and JD 411, and JD 414, and JD 415, and JD 416, and LAW 402 or LAW 403 or LAW 404, and LAW 412 or LAW 413.