Sales Law December 1, 2009 Winn.

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Sales Law December 1, 2009 Winn

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

Preliminary Negotiations Ex ante versus ex post EX ANTE EX POST Preliminary Negotiations Contract Formed Dispute Arises Breach Litigation

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 http://www.iccwbo.org/incoterms/wallchart/wallchart.pdf

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