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About the Book

Secured Transactions 8E

Front Cover - Secured Transactions 8E

Eighth Edition

Douglas J. Whaley
The Ohio State University

Stephen M. McJohn
Suffolk University Law School

2010. 416 pages. ISBN: 978-0-7355-9249-0. With Teacher's Manual.

About the Book

Problems and Materials on Secured Transactions, 8E. This brief, problems-based book offers clear text and a practical, straightforward approach to secured transactions law.


  • Popular problems approach enjoyed by professors and students alike—straightforward and practical problems, with interesting fact patterns, explore different portions of the Uniform Commercial Code and provide students with the important context (while still allowing them to determine the answer independently) in which the issues arise.
  • Important cases which are teachable and interesting and illustrate the reactions of the courts to the issues
  • Flexible content and organization—adaptable to many teaching styles, and allowing the instructor more freedom to structure the course
  • Thorough and up-to-date coverage on black letter law
  • Distinguished authorship—draws on his experience in both teaching and writing
  • Clear and lucid writing style
  • Manageable length—concise, efficient, and effective format
  • Teacher’s Manual—includes answers to all problems
  • Website:

New to the Eighth Edition:

  • New co-author Stephen M. McJohn brings his considerable experience and expertise to the Eighth Edition. A professor of law at Suffolk University, where he has been teaching since 1993, McJohn is the author of many law review articles on copyright and commercial law, as well as Copyright: Examples & Explanations, and Intellectual Property: Examples & Explanations.
  • Updated to include Revised Article 1 of the UCC
  • New cases on important topics, including:
    - classification of collateral
    - buyers in ordinary course
    - fraudulent conveyances
    - computerized searching and errors in debtor’s name
    - when funds received qualify as proceeds of collateral
    - requirements for purchase money priority
    - risks to secured but unperfected creditors
    • New/expanded Problems on key issues such as:
    -  intellectual property as collateral
    - which transactions are subject to Article 9 (transactions with mortgage notes as collateral; with negative pledge clauses; with promises    by debtors to sell property to pay debt; and with retention of title by seller)
    - requirements to create a security interest,
    - fixtures as collateral
    - whether negative equity refinancing qualifies for purchase money protection
    - scope of creditor’s duties when in possession of collateral
    - limits on creditor’s ability to repossess collateral
  • Updated Teacher’s Manual