The Legal Practice Course Guides provide a guide to the law, practice, and procedure that are at the heart of the Legal Practice Course. Each Guide explains the relevant substantive and procedural law, and where appropriate, contains sample precedents, documents, and checklists. The Guides form a bridge between the notes, exercises, and case studies produced by each institution and the 'raw material' found in practitioner texts. This Guide has been designed for students taking electives in commercial law on the Legal Practice Course, and will also be useful for students taking electives in commercial law topics. It covers all the key areas of general contracts, agency and distribution arrangements, credit and security, bills of exchange, competition law, intellectual property law and commercial contracts, including specimen terms of sale and purchase.