Chapter 7

Coversheet 7 coversheet

PowerPoints (lecture series are to big for website, students need to get them from shared drive)7_1 Lecture Series and 7_2 Lecture Series

Student workbook pages (SWB) 7 SWB chapter 7

Chapter Summary Form

Textbook (chapter 7, 8, 9)Textbook unit 3 chapter 7_8_9

Vocabulary:

7.1 What you’ll learn:

  • Explain the Uniform Commercial Code
  • Compare and contrast service contracts and contracts for the sale of goods
  • Explain when title and risk of loss pass in a sale of goods
  • List the remedies of the buyer and seller when a sales contract is breached

The more you know about the law of sales, the more you can protect your legal rights and your money when buying or selling goods.

7.2 What you’ll learn:

  • Distinguish different types of consumer fraud
  • Describe laws and agencies that protect consumers
  • Identify various types of warranties
  • Describe how warranties may be excluded or modified
  • Determine where to get consumer protection assistance

Knowing about warranties and consumer protection laws will help you if you ever buy a faulty product.