Lesson Viewed

Mortgage Notes

This lesson is designed to introduce the student to the role of the mortgage note and the applicable law. This should be of interest to students studying real estate and to students studying negotiable instruments. If you are not already familiar with negotiable instruments, you should go through the CALI lesson entitled "What's a Negotiable Instrument" before trying this lesson. It will focus on the 1990 version of the UCC because that is the law in most states.

Lesson Viewed

Negotiable Instruments That Have Been Destroyed, Lost or Stolen

This is an advanced lesson that requires an understanding of the basics of negotiable instruments. Before doing this lesson you should at least know what a negotiable instrument is, the significance of it being a negotiable instrument, who can enforce a negotiable instrument, who is a holder in due course, and the benefits of being a holder in due course, subjects covered in other lessons.

Lesson Viewed

Aircraft Maintenance Mechanics; Qualifications and Liability

This lesson includes a discussion of the qualifications of aircraft mechanics and inspectors; and accidents and harm caused by a failure to adequately maintain aircraft.

Learning Outcomes

On completion of the lesson, the student will be able to:

  1. List the qualifications required to become an aviation mechanic.
  2. Describe the type of work a licensed private pilot can perform on their own aircraft.
  3. Explain the responsibilities of a certificated inspector.
  4. Explain the purpose and types of the FAA's Airworthiness Directives
Lesson Viewed

Powers of Appointment

This lesson addresses the creation and exercise of a power of appointment. The lesson discusses the different parties involved in the creation of a power of appointment. The lesson includes a variety of problems designed to test the student's understanding of the rules governing the power of appointment.

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