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Commercial Transactions in Goods
Class Term:
Spring Term 2018-2019
Catalog Number:
5304
Class Number:
13444
Class Schedule:
Thursday
10:30 am
11:45 am
Room:
LAW 111
Professor
Lecture
Credits:
3 (3 Contact, 0 Field)
Priority:
General Enrollment Course
Full Year Course:
No
Category:
Standard Courses
Additional Information
Professor Flechtner’s section of the course also includes substantial coverage of the United Nations Convention on the International Sale of Goods (“CISG” – in force in the United States since 1988), modest coverage of UCC Article 2A on Leases of Goods, and limited coverage of a federal consumer protection statute, the Magnuson Moss Warranty Act, applicable to transactions in consumer goods.
Grading Details
50% of the course grade will be based on the results in six 15-minute quizzes given at various times throughout the semester. The other 50% will be based on a 90 minute in-class final exam.
Description
This course explores the primary U.S. legislation governing agreements to transfer an interest in goods -- Article 2 of the Uniform Commercial Code. It emphasizes aspects of UCC Article 2 that are not covered in the first year contracts course. Subjects covered include applicability of Article 2, selected contract formation rules; warranties; acceptance, rejection and revocation of acceptance of goods; risk of loss; excuse for failure to perform; and remedies for breach.