Most business transactions, such as financial transactions, commercial real estate transactions, customized contracts for goods or services, merger and acquisition transactions (and countless specialized business transactions in between) have similar basic structures. Business Transactions Essentials addresses the common elements of business transactions and explains the underlying legal and practical reasons for their terms. Primary readings include various transaction documents, including loan agreements, real estate purchase agreements and merger and acquisition agreements (including such ancillary documents as confidentiality agreements, term sheets/letters of intent, employment contracts, noncompetition agreements, etc.) and related explanatory material commonly used by corporate attorneys. The course will include two transactional exercises. Business Transactions Essentials will be taught by S.R. Heymann, formerly a partner at Bryan Cave and Foley & Lardner, who has taught several business law courses at the Law School. Business Organizations I is a prerequisite to take this course.