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