1. Sales Law
December 1, 2009
Winn

2. Sales Law December 1 Thursday 12/3
Finish Chapter 4
Wal-Mart contract and case discussion questions
Friday 12/4 12:30-1:20 Optional Exam Review
Monday 12/7
Problems 5-2 to 5-6
Problems 6-1 and 6-3?
Tuesday 12/8
Teaching Evaluations (please bring laptops if possible)
Finish Chapter 6
Problems 7-4 and 7-7
Magnusson-Moss lecture plus Problem 8-5
Omit Chapter 9

3. Introduction to Damages
Direct Damages
[Article 2 = Purchase Price]
Other Direct: Cover,
Storage, Shipping
Indirect or
Consequential
Damages

4. Self-help versus Litigation
Reject & keep
purchase price
Preliminary Negotiations
Contract Formed
Dispute Arises
Breach
Litigation
Collection

5. UCC Delivery Terms
Shipment Contract: seller delivers goods to carrier and risk of loss passes to buyer at departure
CIF
C&F
FAS point of shipment
FOB point of shipment
Delivery [Destination] Contract: risk of loss passes to buyer only at destination
FAS destination
FOB destination
ICC Incoterms for cross-border trade