COURSE DESCRIPTION 2012 2013

Prof. Richard M. Perlmutter, Prof. Michael Rustad, Prof. Jeffrey D. Wittenberg,

3 credits day; 3 credits evening. Professor Rustad: It is taught through a problems approach. The course is a comprehensive introduction to sales and leases with emphasis on the Convention for the International Sale of Goods. The material are presented in separate, self-contained assignments with realistic practice scenarios. Each assignment is designed to provide adequate material for one class. Unlike many other law-school classes, this course emphasizes how the law interacts with business. Student participation is expected and enabled by assignments each week. This course provides students with practice examinations based upon old bar examinations. Students are also introduced to basic principles of licensing and how it compares to sales and leases. There is a limited open book. Students may bring their UCC Codebook into the examination with annotations. The examination is half multiple choice and half-essay modeled after the bar examination. This course features an in class review and practice examinations are done outside of class and discussed in class. Papers are not collected but the answers discussed in class. Students are given a bump of a half letter grade for extraordinary participation. The areas of particular focus are the topics covered on the Multi-State Bar Examination and the Massachusetts Bar Examination. Professor Wittenberg: Students are encouraged to apply the uniform commercial code to an interesting and often challenging variety of problem-based fact situations. The desired result is not only to provide the students with an opportunity to develop a high level of expertise but to become comfortable with working through various code sections in search of an appropriate resolution to a particular problem. While active class participation is both sought and appreciated, it is not graded. There is, however, a required graded comprehensive essay exam. This course covers Articles 2 (Sales) of the Uniform Commercial Code with selected references to Article 2A (Leases). Issues relating to scope, formation of contract, warranties, risk of loss, performance and remedies will be emphasized. Frequent references to the common law of contracts will be offered to compare and contrast with Article 2 material.

Elective Course

Meets Base Menu Requirement

Meets Financial Services Concentration Requirements

Recommended for the Mass Bar

Final Exam Required

Commercial Law Survey