INTRO TO UCC: LAW OF SALES
LAWAM814
This is a six-week class intended to provide international LLM students with an introduction to the Uniform Commercial Code (UCC), the model code developed for the purpose of harmonizing the varied commercial and contract laws in the United States. The course will begin with an overall survey of the UCC, including its purpose and coverage. Students will then focus on two important articles of the code -- Article 2 and Article 9. Article 2 governs the sale of goods by merchants or professional sellers and addresses such matters as offer and acceptance, consideration and contract formation, modification, repudiation, breach of contracts, and the "battle of the forms." Article 9 governs secured transactions -- business transactions in which a debtor grants a security interest in personal property to a creditor in order to ensure repayment of a debt. This article addresses such issues as creating and giving notice of a security interest in property, and resolving conflicts among creditors claiming interests in the same property. The class will use a variety of learning methodologies, including readings, lectures, small group discussions, and role-plays. The class has no pre-requisites. Enrollment is limited to 40 LLM in American Law Program students. Students may not also enroll in LAW BK 972 or LAW JD 805.