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February 2014

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Subject:
Art. 2 question: example of "one defective installment renders entire installment sales contract breached."
From:
Daniel Warner <[log in to unmask]>
Reply To:
Academy of Legal Studies in Business (ALSB) Talk
Date:
Tue, 25 Feb 2014 18:58:38 +0000
Content-Type:
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Hi Colleagues,

UCC Art. 2-612 says that if one installment of an installment sales contract  substantially impairs the value of the whole contract, there is a breach of the whole.  

I need a good classroom example of such a thing, and I haven't been able to come up with one.  No doubt some of you have one.  Would you share?

Thank you,

Dan 

Daniel M. Warner
Professor, Department of Accounting
(Business Legal Studies)
MS 9071
Western Washington University
516 High St.
Bellingham, WA 98225
(360) 650-3390

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