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But such is the nature of contemporary use of language, which is becoming truncated in our pursuit of speed and efficiency. Our speech today is peppered with cryptic appellations: CEO, IPO, EIR, MOU, APR, 401 (k), LLP, UPS, FEDEX, LAX, NBA, NFL, MLB, ALCS, ESPN, SUV, ABS, MSRP, IRS, HMO, PPO, PLO, OPEC, FDIC, NASA, EPA, CD, DVD, MP3, PCS, GPS, RAM, URL, Y2K. Ironically, however, the zeal of our society to abbreviate language through creation of acronyms and short-cut terminology only short-circuits understanding and engenders confusion. The term "CD," for example, can refer either to a financial investment medium (certificate of deposit) or to a digitized storage medium for sound or data (compact disk). Likewise, subjects of political strife and financial security share another abbreviation, "IRA," which can refer either to the Irish Republican Army or to an Individual Retirement Account.
The MEE consists of six 30-minute questions. Areas of law that may be covered on the MEE include the following: Business Associations (Agency and Partnership; Corporations and Limited Liability Companies), Civil Procedure, Conflict of Laws, Constitutional Law, Contracts (including Article 2 [Sales] of the Uniform Commercial Code), Criminal Law and Procedure, Evidence, Family Law, Real Property, Torts, Trusts and Estates (Decedents' Estates; Trusts and Future Interests), and Article 9 (Secured Transactions) of the Uniform Commercial Code. Some questions may include issues in more than one area of law. The particular areas covered vary from exam to exam.