Chapter 14
Sales: Formation of Sales Contracts and Lease Contracts
1. Define goods and merchant.
2. Differentiate between the common law and the UCC rules
as they relate to:
• offer
• acceptance
• consideration
• Statute of Frauds
• Parol Evidence Rule
• Unconscionable contracts
3. Determine the UCC rules related to open terms.
Chapter 15
Sales: Title and Risk of Loss
1. Explain when goods can be identified to a sales contract.
2. Determine how and when title to goods are transferred
from the seller to the buyer under a shipment, destination
and without movement of the goods contracts.
3. Describe when risk of loss for damage or destruction
of goods passes from the seller to the buyer under
a shipment, destination and without movement of
goods contracts.
4. Describe when a seller and buyer of goods will have
an insurable interest in the goods.
5. Explain sellers and buyers rights and responsibilities
in the following situations:
• sale on approval
• sale or return
• void title
• voidable title
6. Explain the Entrustment Rule.
Chapter 16
Sales: Performance and Breach of Sales and Lease Contracts
1. Explain the UCC requirement of "good faith" and
"commercial reasonableness."
2. List and compare seller’s and buyer’s obligations in a sale
of goods.
3. Define and describe:
• Tender of delivery
• Perfect—Tender Rule
• Right of Inspection
4. List and compare the remedies of the seller and
the remedies of the buyer under the UCC.
5. Define:
• Cover
• Cure
6. Describe the UCC Statute of Limitations.
Chapter 17
Sales: Warranties and Product Liability
1. Describe and compare the following types of warranties:
• title
• express
• implied
2. Explain the difference between the
warranty of merchantability and the warranty of fitness
for
a particular purpose.
3. Describe the requirements of a disclaimer for
different warranties.
4. Describe the terms "full warranty" and "limited warranty"
under the Magnuson-Moss Warranty Act.
5. Describe Lemon Laws.
6. Compare and contrast liability for injury due to
defective products under negligence and strict
liability.
7. Explain the defenses of assumption of risk, misuse, and
contributory or comparative negligence.
The Legal and E-Commerce Environment of Business,
Torts and Crimes
Chapters 1 - 7
Contracts
Chapters 8 - 13
Course Syllabus
| Your Instructor
| Course Components
Learning Objectives
| Assignments
| Good Stuff
| Evaluation
| Due Dates
Sinclair Policies
& Procedures
| Dialogue
About the Law
Your Instructor, Garnett McDonough,
garnett.mcdonough@sinclair.edu
|