III. Terms of K Flashcards

1
Q

Pre-K Words of Parties & Parol Evidence Rule

A
  • Integration
    • Written agreement that court finds is the FINAL agreement, triggers PER
  • Partial Integration
    • Written & Final, but NOT complete
  • Complete Integration
    • Written & Final & Complete
  • Merger Clause
    • “This is the complete & final agreement”

Parol Evidence Rule:

  • Limited to the WORDS of the parties
  • Can be ORAL or WRITTEN
  • Comes BEFORE the Integration
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2
Q

Conduct

A

(1) Course of Performance: Same People, Same K
(2) Course of Dealing: Same People, Earlier K
(3) Custom & Usage: Other people, Similar K

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3
Q

UCC

A

Delivery Obligations of Seller if shipment K:

  • Get goods to Common Carrier
  • Make Delivery Arragnements
  • Notify Buyer

Risk of Loss if Common Carrier turns on whether shipment K

Risk of Loss if NOT Common Carrier turns on if seller is merchant:

  • Receipt rule for merchant sellers
  • Tender rule for others

Disputes over quality of delivered goods:

  • Fit for ordinary purpose if seller regularly sells
  • Fit for buyer’s special purpsoe if seller knows
  • Look for “as is” / “w/all faults” to disclaim implied warranties
  • Look for limitation of remedies of express warranties
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