Law
Learning Activity W6AssignmentBottom of FormGeneral Instructions for Learning Activities·Cite to assigned materials in all responses in Learning Activities·Use only assigned materials to complete Learning Activities; do not use internet unless otherwise instructed· Include in-text citations and a Reference List for in-text citations· Write in correct, complete sentences, in paragraph format unless otherwise instructed· Submit Learning Activities to Assignment FolderBackground: The GC owners are aware of the importance of contracts to both buy and sell goods and services. They are reviewing the Uniform Commercial Code (UCC), Article 2, that covers contracts for sales of goods.In sales contracts, it is important to consider allocation of risk between a buyer and a seller to define value, and typically each party will want to shift as much risk as possible to the other party.The GC owners understand that the terms in their purchase contracts (i.e., from EPI) will require very different terms from their sales contracts (i.e., reselling cleaning products purchased from EPI.)First, the owners want to focus on developing their sales contracts for reselling EPI cleaning products. They asked TLG to prepare a memorandum that recommends desired contract terms and positions GC’s contracts for sale of goods.You are tasked with preparing a memorandum to Winnie, Ralph making recommendations for GC sales contractsInstructions:The terms below are just a few of the terms that you, Winnie, and Ralph determined should be included in a sale of goods contract for GC.A. Evaluate, recommend, and explain details and policies for each of the 4 categories of terms to be included GC sale of goods contracts.B. List, for each of the 4 terms, the UCC, Article 2, section that applies to the term.1. Payment terms for buyer2. Transfer of title and risk of loss or damage to goods GC is delivering to buyers3. Inspection of delivered goods: length of time for buyer to inspect goods after delivery4. Rights and obligations of seller and buyer if delivered goods do not conform to the orderFormat for Memorandum:MemorandumTO: Winnie James, Ralph AndersFROM: your nameRE: Green Clean Sales Contract TermsDATE:1. Payment termsA.B.2. Transfer of title and risk of loss or damage to goods sold to GC buyersA.B.3. Inspection of delivered goods: length of time for buyer to inspect goods after deliveryA.B.4. Rights and obligations of seller and buyer if delivered goods do not conform to the orderA.B.Referenceshttps://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s11-introduction-to-sales-and-leas.htmlhttps://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s12-title-and-risk-of-loss.htmlhttps://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s13-performance-and-remedies.htmlhttps://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s14-products-liability.html
