Contracts | L4175
Consideration of the restatement of contracts and the relevant provisions of the Uniform Commercial Code. Legal protection accorded contracts: remedies and measure of recovery; damages; specific performance; restitution. Elements of agreement; preliminary negotiations; agreements unenforceable for indefiniteness; mutual assent. Consideration and the seal; bases of contractual liability; consideration; reliance and estoppel; mutuality. Problems of offer and acceptance; termination of offeree's power of acceptance; contracts concluded by correspondence; unilateral contracts, notice, knowledge, revocation of offer; contracts implied from conduct. Special problems of consideration. Third-party beneficiaries. Assignment. Effects of changes or unforeseen circumstances. Conditions in contracts, problems of draftsmanship: express and implied conditions; conditions precedent, subsequent and concurrent; severability of contract provisions. Procedure after default. The Statute of Frauds.
Credit Hours: 4
ULW: This course does not satisfy the Upper Level Writing requirement (ULW)