Precedent File: A business attorney often uses the word "precedent" to refer to the papers (i.e. agreements, certificates, contracts, legal opinions, etc.) used to document (or "paper") a prior transaction that bears some similarity to a current transaction that he or she is working on. Rather than start drafting documents from scratch, the business attorney will look for the papers used in a prior, similar transaction to use as a starting point to draft the papers for the new transaction. The UCCstuff Precedent File contains some sample documents (often modified for teaching purposes) to show students how actual transaction documents might be structured and also to illustrate problems that might arise when using certain forms of agreement. The UCCstuff Precedent File also contains some outlines discussing various aspects of contract and commercial law and similar teaching aids. Lastly, the Precedent File also contains links to other items that may be of interest to students of business law.

Warning: The precedents accessed through this page are not practice aids. Many have been prepared for educational purposes only. The precedents should not be used to prepare actual legal documents.