1. Introduction
- 1.1. Overview and Sources of Contract Law
2. Formation
- 2.1. Offer and Acceptance
- 2.1.1 Mutual Assent
- 2.1.2 Invitations to Negotiate and other Expressions that are not Offers
- 2.1.3 Written Agreement Contemplated v. Written Memorialization
- 2.1.4 Letters of Intent and Other Formal Preliminary Agreements
- 2.1.5 Express and Implied Contracts
- 2.1.6 Bilateral and Unilateral Contracts
- 2.1.7 Offer
- 2.1.8 Duration of Offers
- 2.1.9 Option Contracts and Firm Offers
- 2.1.10 Acceptance
- 2.1.11 Formation of Contracts under UCC Art. 2
- 2.1.12 Battle of the Forms (UCC 2-207)
- 2.1.13 Indefiniteness
- 2.1.14 Mailbox Rule
- 2.2. Consideration
- 2.2.1. The Bargain Theory
- 2.2.2.1 Gift Promises
- 2.2.2.3 Past Consideration (Moral Obligation)
- 2.2.3.1 Output and Requirement Contracts
- 2.2.3.3 Commitment (Lady Duff-Gordon)
- 2.2.3.4 Satisfaction Clauses
- 2.2.4.2 Reliance (Promissory Estoppel)
- 2.3. Defenses
- 2.3.1. Void, Voidable, and Unenforceable Contracts
- 2.3.2. Illegal Promises
- 2.3.3. Lack of Capacity
- 2.3.4. Duress and Undue Influence
- 2.3.5. Unjust Terms (Unconscionability)
- 2.3.6. Fraud and Misrepresentation
- 2.3.7. Misunderstanding and Mistake
- 2.3.8. Statute of Frauds
3. Performance and Breach
- 3.1. What are the Obligations?
- 3.1.1. Parol Evidence Rule
- 3.1.2. Interpretation
- 3.1.3. Implied Terms (Gap-fillers)
- 3.1.4. Good Faith
- 3.1.5. Promises
- 3.1.6. Warranties
- 3.1.7. Representations
- 3.2. Have the Obligations been discharged?
- 3.2.1. Modification
- 3.2.2. Accord & Satisfaction
- 3.2.3. Unanticipated Events
- 3.2.4. Rescission
- 3.2.5. Waiver
- 3.2.6. Release
- 3.3. Conditions: Does an event have to occur before an obligation is due?
- 3.3.1. Definition and Classification
- 3.3.2. Conditions and Promises Distinguished
- 3.3.3. Excuse of the Effect of Conditions
- 3.4. Breach
- 3.4.1. Material and Immaterial Breach
- 3.4.2. Perfect Tender Rule
- 3.4.3. Installment Contracts (UCC 2-612)
- 3.4.4. Breach by Anticipatory Repudiation
- 3.4.5. Assurances (UCC 2-609)
4. Remedies
- 4.1. Remedies for Breach of Contract
- 4.1.1 Specific Performance
- 4.1.2 Expectation Damages
- 4.1.3 Certainty
- 4.1.4 Foreseeability
- 4.1.5 Mitigation
- 4.1.6 Measuring Expectation: The Cost of Completion
- 4.1.7 Substantial Performance
- 4.1.8 Reliance
- 4.1.9 Restitution
- 4.1.10 Liquidated Damages
- 4.2. UCC Remedies
5. Third Parties
- 5.1. Third Party Beneficiaries
- 5.2. Assignment and Delegation
6. Additional Topics
- 6.1. UCC
- 6.2. Drafting Contracts
- 6.3 Choice of Law