LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. CHAPTER 13 Sales Contracts Sales Special Rules for Sales Contracts
LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 13 SLIDE Sales GOALS Define sale and explain how the UCC governs the sale of goods Explain how the UCC treats unconscionable contracts and contracts of adhesion
LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 13 SLIDE 3 WHAT IS A SALE? Contracts that are not sales Payment and delivery Bill of sale Use of credit Acceptance of goods Other ways to contract
LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 13 SLIDE 4 CHECKPOINT What is the definition of a sale?
LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 13 SLIDE 5 UNCONSCIONABLE SALES CONTRACTS Offends an honest person’s conscience and sense of justice Contracts of adhesion
LAW for Business and Personal Use © 2012 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 13 SLIDE 6 CHECKPOINT Why are contracts of adhesion likely to be unconscionable?