Black Letter Outline on Sales and Leases of Goods

by Meyer, Alfred W.; Speidel, Richard E.

• ISBN13: 9780314010681
• ISBN10: 0314010688
• Edition: 1st
• Format: Paperback
• Copyright: 1993-05-01
• Publisher: West Academic Publishing

Summary

Expert authors explore the Black Letter law on sales and leases of goods. Provides extensive and concise overview of UCC Article 2 and Article 2A. Text addresses commercial transactions, basic contract formation, leasing of goods, and the Convention on the International Sale of Goods (CISG).

Table of Contents

Capsule Summary	1	(16)
Perspective	17	(4)
PART ONE: GENERAL CONSIDERATIONS
Commercial Law in General	21	(8)
Definition and Scope	22	(1)
Parties and Persons Affected	22	(1)
Types of Commercial Transactions	23	(1)
Sources and Nature of Commercial Law	24	(3)
Review Questions	27	(2)
The Uniform Commercial Code	29	(22)
Legislative History	30	(1)
Nature of the UCC	30	(1)
Basic Policies: Article 1	31	(2)
Substantive Content	33	(6)
Commercial Law Not in the UCC	39	(4)
Code Methodology	43	(3)
Review Questions	46	(5)
PART TWO: SALE OF GOODS: ARTICLE 2
General Scope and Policies	51	(18)
Scope and Definitions	52	(8)
Special Policies	60	(6)
Review Questions	66	(3)
Contract Formation	69	(20)
The Importance of Agreement	70	(1)
General Polices	71	(1)
Offer and Acceptance	72	(9)
The Statute of Frauds	81	(6)
Review Questions	87	(2)
Performance of the Contract for Sale	89	(66)
Introduction	92	(1)
Scope and Meaning of Agreement	92	(7)
General Obligations of the Parties	99	(5)
Seller's Obligations	104	(8)
Seller's Obligation of Quality: Herein of Warranty	112	(14)
Buyer's Obligations	126	(7)
Risk of Loss	133	(8)
Excusable Non--Performance	141	(6)
Modification of the Contract	147	(3)
Review Questions	150	(5)
Remedies for Breach of Contract for Sale	155	(58)
In General	157	(1)
Breach of Contract	158	(3)
Seller's Remedies	161	(19)
Buyer's Remedies	180	(19)
Agreed Remedies	199	(7)
Statute of Limitations	206	(2)
Review Questions	208	(5)
Third Party Claims to the Goods	213	(24)
In General	214	(1)
Ownership Claims	214	(3)
Security Interest Claims	217	(2)
Seller's Warranty of Title	219	(3)
Claims of Other Creditors and Purchasers	222	(8)
Security Interests Arising Under Article 2	230	(2)
Review Questions	232	(5)
PART THREE: LEASING OF GOODS
General Scope and Policies	237	(8)
The Need for 2A	238	(1)
The Scope of Article 2A	239	(2)
The ``True'' Lease	241	(4)
General Provisions	245	(6)
Definitions Unique to 2A	246	(2)
Choice of Law and Forum	248	(1)
Private Autonomy	249	(1)
Unconscionability	249	(2)
Formation and Construction	251	(4)
General	252	(1)
Statute of Frauds	252	(1)
Finance Lessee, a 3rd Party Beneficiary	252	(1)
Warranties	253	(2)
Effect of Lease Contract	255	(4)
General	256	(1)
Transfer and Alienability	256	(1)
Priority Disputes	257	(1)
Competing Claims in Fixtures	258	(1)
Sale and Leaseback	258	(1)
Performance	259	(2)
General	260	(1)
Promises in Finance Leases	260	(1)
Default	261	(1)
General	262	(1)
Default by Lessor	262	(2)
Default by Lessee	264	(1)
Review Questions	265	(2)
APPENDICES
A. Answers to Questions	267	(17)
B. Practice Examination	285	(12)
C. Text Correlation Chart	297	(4)
D. Table of U.C.C.	301	(12)
E. Index	313