Among the important issues in any contract for the sale of goods are the warranties made by the seller about the quality and nature of those goods.
Among the important issues in any contract for the sale of goods are the warranties made by the seller about the quality and nature of those goods. The scope of those warranties becomes crucial when the goods don't work for some reason, and often determine whether the buyer or the seller is responsible for resulting losses. This topic will provide you with a basic understanding of creation and disclaimer of warranties in contracts for the sale of goods under Uniform Commercial Code (UCC), and a primer on the various ways that warranties are created, and disclaimed, as part of a sales contract. This material will also cover key topics that arise in disputes involving breach of warranty, including acceptance or rejection of goods, notice requirements, defenses, and available remedies. Focused on practical issues, you will be interested in this timely discussion of what to do when a sales contract goes bad.
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Creation and Disclaimer of Warranties in Sales Contracts
- Express Warranties
- Implied Warranties
- Warranty Disclaimers and Remedy Limitations
- Battle of the Forms and Warranty Issues
Breach of Warranty Issues
- Acceptance, Rejection and Revocation
- Breach of Warranty
- Potential Defenses
- Remedies for Breach of Warranty
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on August 22, 2019.
Call 1-866-352-9540 for further credit information.
- CA MCLE 1.5
- Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
- ISM 1.5
- Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Christopher Tompkins
Jenner & Block LLP
- Partner in Jenner & Block LLP’s Chicago office where he practices commercial litigation
- Extensive experience assisting clients resolve disputes involving a variety of subject matters and venues, including the sale of goods under the Uniform Commercial Code (UCC)
- Has assisted clients with an array of matters including the failure to supply, early termination, pricing, product quality and breach of warranty, and supplier bankruptcies
- Counseled corporate clients regarding best contracting practices under the UCC, including review and revision of contracting procedures, and standard contract forms
- His clients span an array of industries including steel and mining, food and beverage, consumer packaged goods, automotive and heavy manufacturing, electric utilities, chemical companies, and equipment lessors
- Has written and spoken extensively about these areas, including articles on breach of warranty and electronic contracting
- Member of the Chicago and American Bar Associations and the international Bar Association
- J.D. degree, magna cum laude, Loyola University Chicago School of Law; B.A. degree in economics and politics, cum laude, Catholic University of America
- Can be contacted at 312-840-8686, [email protected] or www.linkedin.com/in/christopherptompkins
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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