Contracts I

Catalog description

The course provides a study of basic principles of the Anglo-American law of contracts including contract formation (offer, acceptance, and consideration), contractual interpretation and defenses, and the consequences for breach of contract. The primary source of rules is the Restatement Second of Contracts, as well as an introduction to the Uniform Commercial Code (Articles 1 & 2) and possibly the United Nations Convention on the International Sale of Goods (CISG) and the Unidroit Principles. The course focuses on the development of primary legal skills such as reading and briefing cases, interpreting statutes, synthesizing rules, and applying rules to factual situations. It may include exercises in contract negotiation and drafting. The course grade is based primarily on a final exam consisting of hypothetical factual situations requiring analysis in essay form using principles taught in the course.