PowerPoint 9-29

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Sales Law
September 29, 2009
Winn
Sales Law September 29
• Reading estimate for Thursday 10/1
– Chapter 2, p. 40 and problems 2-1 to 2-4
• Gallagher Law Library Guides
– UCC http://lib.law.washington.edu/ref/ucc.html
– Contract Drafting http://lib.law.washington.edu/ref/drafting.html
• Internet access to EDGAR contracts:
– www.oncle.org
– www.techagreements.com
• CALI www.cali.org
• Why will revised Article 2 never be adopted?
• Revised 1-105/1-301 Choice of Law
– http://www.law.cornell.edu/ucc/1/article1.htm#s1-301
• Purposive interpretation 1-103
• Compare intellectual property transactions to tangible goods
transactions
IPR versus Sales Law
• Early modern history: commerce versus real
property
– Free alienability of property won over restrictions
• Recent history: IPR in narrow economic sectors
– Article 2: goods versus services a bigger problem
– Publishing, industrial manufacturing
– Balance social interest in promoting progress of science &
useful arts with incentives to invent
• Now: IPR everywhere
– All rights not transferred are reserved—scope of license
not to sue is limited to what owner chooses to grant
– Acceleration of innovation, expansion of IPR mean it is
everywhere
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