Sales and Leases - A Problem-based Approach, 2016a

Rheinberg-Kellerei GMBH v. Vineyard Wine Co. ......................................................... 141
Problem 10-8 ................................................................................................................... 142
Problem 10-9 ................................................................................................................... 142
Problem 10-10 ................................................................................................................. 142
10.1.6. Bailment Contracts .................................................................................................. 143
10.1.7. Choice of Law ......................................................................................................... 143
Review Problems: Delivery Terms ................................................................................. 143
10.2. Title ................................................................................................................................ 144
10.2.1. Passage of Title ....................................................................................................... 144
10.2.2. Transferor’s Title .................................................................................................... 145
10.2.3. Good Title ............................................................................................................... 145
10.2.4. Voidable Title ......................................................................................................... 145
10.2.5. Void Title ................................................................................................................ 146
Inmi-Etti v. Aluisi ........................................................................................................... 146
Case Note ........................................................................................................................ 150
Problem 10-11 ................................................................................................................. 150
10.2.6. Good Faith Purchaser for Value .............................................................................. 150
10.2.7. Entrustment ............................................................................................................. 151
Chapter 11. Impracticability (Excuse by Failure of Presupposed Conditions) ........................... 153
11.1. Common Law ................................................................................................................. 153
11.2. The UCC Scheme: § 2-615 ............................................................................................ 153
Problem 11-1 ................................................................................................................... 154
11.3. Failure of Basic Assumption .......................................................................................... 155
Alamance County Bd. of Educ. v. Bobby Murray Chevrolet, Inc. ................................. 156
Case Notes ...................................................................................................................... 159
Lawrance v. Elmore Bean Warehouse ............................................................................ 159
11.4. Impracticability .............................................................................................................. 162
Transatlantic Financing Corp. v. United States .............................................................. 163
Case Notes ...................................................................................................................... 164
11.5. Notice ............................................................................................................................. 165
11.6. Allocation ....................................................................................................................... 165
11.7. Section 2-616 ................................................................................................................. 166
Problem 11-2 ................................................................................................................... 166
11.8. Section 2-613 ................................................................................................................. 166
Valley Forge Flag Co. v. New York Dowel & Moulding Import Co. ............................ 166
Case Note ........................................................................................................................ 167
11.9. Section 2-614 ................................................................................................................. 168
11.10. Use of Force Majeure Clauses ..................................................................................... 168
Watson Labs., Inc. v. Rhone-Poulenc Rorer, Inc. ........................................................... 169
Problem 11-3 ................................................................................................................... 173
Chapter 12. UCC Perfect Tender Rule; Seller’s Right to Cure .................................................. 174
12.1. Material Breach versus Immaterial Breach .................................................................... 174
12.2. Perfect Tender Rule ....................................................................................................... 174
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