Transfer of Title and Risk of Loss
• Explain the relative importance of title under the
common law and Article 2.
• Explain when the seller has a right or power to
transfer title and when the transfer is void or voidable.
• Distinguish between a shipment contract and a
destination contract and explain when title and risk of
loss pass under each.
• Identify and explain the rules covering (1) risk of loss
in the absence of a breach and (2) risk of loss when
there is a breach.
• Explain how bulk transfers concern creditors and
how the Uniform Commercial Code attempts to
regulate such transfers
