Sales of Goods

Sales of Goods



 



Welcome to LawShelf’s video-course on sales contracts. This course comprehensively covers contracts for the sale of goods under Article 2 of the Uniform Commercial Code.

This is an intermediate level course and it is recommended that people without education or experience in contracts first take LawShelf’s video-course on the Basics of Contract Law to prepare for this one.

Module one looks at the structure of Article 2 of the UCC and the types of agreements that are covered by this Article. It then looks at how the UCC governs contract formation and contract terms. We will also look at various types of contracts, such as bilateral, unilateral, requirements and output contracts, and how they are defined and treated by the Code.

Module two looks at the importance of the written elements of contracts subject to the UCC. We will look at the statute of frauds to show which contracts must be in writing and what that writing must contain. We will also look at the parol evidence rule, which determines when and to what extent oral terms can supplement written terms. The module also covers the “battle of the forms,” which occurs when the terms of the acceptance differ from the terms of the offer.

Module three focuses on warranties, including express warranties and those implied by the circumstances or under Code provisions. The module also covers disclaimers of these warranties and when they are effective. Finally, the module focuses on the limits of contract law, including the extent to which third parties are protected and when contracts can be unenforceable due to unconscionability.

Module four turns to performance, including payments, deliveries and acceptances, rejections and revocations. We will focus on the anticipatory repudiation rules that the Code establishes to protect the reasonable expectations of parties contracting and commerce. We will also cover the circumstances under which contract performance is excused due to changed circumstances or other excuse.

Our last module covers remedies, including in-depth discussions of the applications of the expectation remedy for breach of contract as it applies to sales of goods cases. We will also look at circumstances under which other remedies, such as specific performance and application of liquidated damages, can be applied.

Upon the completion of this course, you will be able to apply the rules of the UCC to contracts for the sales of goods and the rules that are most common and important in commercial goods transactions.

Best of luck and we welcome your feedback.

 

What is a video-course?

A LawShelf video-course is an in-depth series of presentations on a discreet legal topic. LawShelf video-courses focus on practical legal information and applications and are each designed to familiarize the viewer with a legal topic quickly and efficiently.

Who should take a video-course?

Our video courses are designed for professionals such as attorneys, paralegals, corporate officers and financial professionals, as well as laypeople looking to deepen their knowledge of particular areas of law. The courses allow you to acquire the specific knowledge and skills that you need without the expense and time commitment of going “back to school” for a degree. 

How do I learn?

Video courses are divided into 5 or 6 modules.  Each module contains a video lesson (usually about 15 minutes long) and a series of self-test questions that you can use to practice and make sure that you understand the material.

How do I complete a video-course?

To complete a video-course, you must pass a 10-question multiple-choice examination by scoring 70% or higher.  The questions on the exam are randomly selected from the self-test question sets for the various modules. You can retake an exam as many times as you need to, though you will not get the same questions each time since the questions are drawn from an exam bank.

Is there limit to how many video-courses I can take or complete?

No. A LawShelf subscription enables you to access any and all LawShelf content, including all video-courses. You can take courses as quickly or slowly as your time allows.

Do I receive any recognition for completing a video-course?

Once you complete the course by passing the final exam, you will be awarded a digital badge to display as evidence of your training and accomplishment.

How will a digital badge help me? 

Modern educational trends are moving away from traditional classroom-based course completion models and towards skills-based education. Employers today care more about skills than ever before. LawShelf digital badges conform to the Open Badge standard and are verifiable records of your skills that can easily be shared online.

How long do I retain access to the course materials?

You retain access the modules and take the final exam as long as you are a subscriber to LawShelf.


Sales of Goods and the UCC - Module 1 of 5


Transactional Elements of Sales Contracts - Module 2 of 5


Warranties and Limits on Sales Contracts - Module 3 of 5


Performance and Breach - Module 4 of 5


Remedies - Module 5 of 5


Final Exam only needs to be taken by those seeking to earn the Digital Badge credentials for this course.