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Course Number: LAW 655

Course Credits: 3

This course covers the law of sales. Emphasis is placed on understanding the special approach taken toward contracts for the sale of goods under Article 2 of the Uniform Commercial Code, and, to a lesser extent, the Convention on Contracts for the International Sale of Goods. The statutory approaches are compared to the treatment of contracts under the common law. One of the major issues with which the course is concerned is how the law can assist or should constrain private actors who are engaged in maximizing expected monetary returns.