1. • What factors determine whether a seller’s or lessor’s statement constitutes an express warranty or mere puffery? • What implied warranties arise under the UCC?…

1. UNDERSTANDING COMMERCIAL SALES TRANSACTIONS AND CONTRACT TERMS 2. Sale of goods transactions are governed by article 2 of Uniform Commercial Code (UCC) Goods broadly defined…

1. Sales and Lease Warranties 2. Overview A warranty is an assurance of fact upon which a party may rely.Warranty of Title. Express Warranty. Implied Warranty of Merchantability.…

1. • What factors determine whether a seller’s or lessor’s statement constitutes an express warranty or mere puffery? • What implied warranties arise under the UCC?…

Slide 1 Slide 2 1 of 27 Lecture 10 SALES Topics covered: Introduction to the UN Convention on Contracts for the International Sale of Goods Transactions, persons, and subject…

Slide 1 Slide 2 What factors determine whether a seller’s or lessor’s statement constitutes an express warranty or mere puffery? What factors determine whether a seller’s…

Lecture 10 SALES Topics covered: Introduction to the UN Convention on Contracts for the International Sale of Goods Transactions, persons, and subject matter covered by the…

Slide 1 1 A. CISG United Nations Convention on Contracts for the International Sale of Goods United Nations Convention on Contracts for the International Sale of Goods In…

Slide 1 Chapter 15: Warranties and Product Liability 1 Chapter 1: Legal Ethics 1 Learning Objectives What factors determine whether a Seller’s or Lessor’s statement constitutes…