Sales and Leases

The course is three-credit hours and covers Articles 2 (Sales) and 2A (Leases) of the Uniform Commercial Code. Sales and Leases is an important law school course for at least two reasons. First, drafting and interpreting contracts for sales of goods is a basic component of practice for many attorneys. Second, the bar exam “hits you twice” on Contracts and Sales. There are Sales questions on the multi-state bar exam and many states also test on the subject on the essay portion of the exam.

Topics covered in the course include contract formation, the Battle of the Forms, option contracts, leases versus disguised sales, finance leases, warranties, and damages for breach.  Depending on the professor teaching the course, additional topics may include the Convention on Contracts for the International Sale of Goods (the CISG) and/or the Magnuson-Moss Warranty Act. Your grade is based on either a final in-class exam or some combination of homework assignments and a final in-class exam.  Your first-year Contracts course is a prerequisite for Sales and Leases.

Course Number: 501F