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Commercial Transactions in GoodsClass Term:
Fall Term 2020-2021Catalog Number:
3 (3 Contact, 0 Field)Priority:
General Enrollment CourseFull Year Course:
In-class final examination.
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.