Includes bibliographical references and index.

2001 revision of Article 1 -- Scope of Article 2, and offer, acceptance, and consideration thereunder -- Statute of frauds and parol evidence rule -- Terms of the contract (including the law of tender, excuse, and title transfer (2-403) -- Unconscionabilty -- Risk of loss -- Buyer's remedies for repudiation, for nondelivery and for failure to deliver conforming goods (which the buyer refused to keep) -- Seller's remedies -- Buyer's rejection or revocation of acceptance, and seller's right to cure -- Warranty -- Damages for breach of warranty -- Defenses to warranty actions -- Disclaimers of warranty liability and modification of buyer's remedies -- The negotiable instrument -- The holder in due course -- Basic liability arising from stolen instruments and forged signatures -- Reallocation of loss because of fault -- NSF checks, documentary drafts, and forged checks : liability of payors and of collecting banks, final payment, delay -- The payor bank and its customer -- Electronic funds transfers -- Letters of credit -- Scope of article 9 -- Creation and perfection of enforceable Article 9 interests -- The bankruptcy trustee vs. the Article 9 claimant -- Priority conflicts -- Default and its consequences.