Chapter
1
OFFER AND ACCEPTANCE
I. INTENT
TO CONTRACT
- Objective
theory of contracts
- Legal
enforceability
- Intent
to put in writing later
II. OFFER
AND ACCEPTANCE GENERALLY
- Definitions
- Unilateral
vs. bilateral contracts
III. VALIDITY
OF PARTICULAR KINDS OF OFFERS
- Offer
made in jest
- Preliminary
negotiations
- Advertisements
- Auctions
IV. THE
ACCEPTANCE
- Who
may accept
- Offeree
must know of offer
- Method
of acceptance
V. ACCEPTANCE
VARYING FROM OFFER
- Common
law "mirror image" rule
- UCC
view
VI. DURATION
OF THE POWER OF ACCEPTANCE
- General
strategy
- Ways
of terminating power of acceptance
- Irrevocable
offers
VII. WHEN
ACCEPTANCE BECOMES EFFECTIVE
- Mailbox
rule
- Both
acceptance and rejection sent by offeree
- Option
contracts
- Risk
of mistake in transmission
VIII. INDEFINITENESS
- Generally
IX. MISUNDERSTANDING
- General
rule
- Offeree
doesn't understand offer
Chapter
2
CONSIDERATION
I. INTRODUCTION
- Definition
of consideration
- Uses
of doctrine
II. THE
BARGAIN ELEMENT
- Promises
to make gifts
- Sham
and nominal consideration
- Promisee
unaware
- "Past
consideration" no good
III. THE
"DETRIMENT" ELEMENT
- Generally
- Pre-existing
duty rule
IV. ILLUSORY,
ALTERNATIVE AND IMPLIED PROMISES
- Illusory
promises
- Implied
promises
Chapter
3
PROMISES BINDING WITHOUT CONSIDERATION
I. PROMISES
TO PAY PAST DEBTS
- General
rule
II. PROMISE
TO PAY FOR BENEFITS RECEIVED
- Generally
III. OTHER
CONTRACTS BINDING WITHOUT CONSIDERATION
- Modification
of sales contracts
- Option
contracts
- Guarantees
IV. PROMISSORY
ESTOPPEL
- General
approach
- Possible
applications
- Amount
of recovery
Chapter
4
MISTAKE
I. MISTAKE
GENERALLY
- Definition
II. MUTUAL
MISTAKE
- Three
requirements for avoidance
- Special
contexts
III. UNILATERAL
MISTAKE
- Modern
view
- Construction
bids
IV. DEFENSES
AND REMEDIES
- Negligence
- Remedies
V. REFORMATION
AS REMEDY FOR ERROR IN EXPRESSION
- Generally
Chapter
5
PAROL EVIDENCE AND INTERPRETATION
I. PAROL
EVIDENCE RULE GENERALLY
- What
the rule does
II. TOTAL
AND PARTIAL INTEGRATIONS
- Definitions
- Statement
of rule
- UCC
III. ROLES
OF JUDGE AND JURY
- Preliminary
determinations made by judge
IV. SITUATIONS
WHERE PAROL EVIDENCE RULE DOES NOT APPLY
- Fraud,
mistake or other voidability
- Existence
of a condition
- Collateral
agreements
- Subsequent
transactions
V. INTERPRETATION
- Modern
view
- Maxims
of interpretation
VI. TRADE
USAGE, COURSE OF PERFORMANCE, AND COURSE OF DEALING
- Definitions
- Used
to interpret even a complete integration
- Priorities
VII. OMITTED
TERMS SUPPLIED BY COURT
- Generally
Chapter
6
CONDITIONS
I. CONDITIONS
GENERALLY
- Definition
of "condition"
- Distinction
between conditions and promises
II. EXPRESS
CONDITIONS
- Strict
compliance
- Satisfaction
of a party
- Satisfaction
of third person
III. CONSTRUCTIVE
CONDITIONS
- Use
in bilateral conditions
- Order
of performance
- Independent
or dependent promises
- Divisible
contracts
IV. SUBSTANTIAL
PERFORMANCE
- Doctrine
generally
- Suspension
followed by discharge
- Factors
regarding materiality
- Material
breach in contracts for the sale of goods
V. EXCUSE
OF CONDITIONS
- Introduction
- Hindrance
- Waiver
VI. REPUDIATION
AND PROSPECTIVE INABILITY TO PERFORM
- General
effect of prospective breach
- Insolvency
or financial inability
- Right
to adequate assurance of performance
Chapter
7
ANTICIPATORY REPUDIATION AND OTHER ASPECTS OF BREACH
I. ANTICIPATORY
REPUDIATION
- General
rule
- What
constitutes repudiation
II. OTHER
ASPECTS OF REPUDIATION
- Repudiation
after performance is due
- Retraction
of repudiation
- Mitigation
required
- Repudiation
ignored, then sued on
- Unilateral
obligation to pay money
- UCC
damages for repudiation
Chapter
8
STATUTE OF FRAUDS
I. INTRODUCTION
- Nature
of Statute of Frauds
- Five
categories
II. SURETYSHIP
- General
rule
- Main
purpose rule
III. THE
MARRIAGE PROVISION
- Contract
made upon consideration of marriage
IV. THE
LAND CONTRACT PROVISION
- Generally
- Part
performance
V. THE
ONE-YEAR PROVISION
- General
rule
- Impossibility
- Impossibility
or other excuse
- Termination
- Full
performance on one side
- Applies
to all contracts
VI. CONTRACTS
FOR THE SALE OF GOODS
- General
rule
- Exceptions
VII. SATISFACTION
BY A MEMORANDUM
- General
requirements for
- Signature
- UCC
VIII. ORAL
RESCISSION AND MODIFICATION
- Oral
rescission
- Modification
IX. RESTITUTION,
RELIANCE AND ESTOPPEL
- Quasi-contractual
recovery
- Promissory
estoppel
Chapter
9
REMEDIES
I. INTRODUCTION
- Distinction
II. EQUITABLE
REMEDIES
- Two
types
- Limitations
on equitable remedies
- Land-sale
contracts
- Personal
services contracts
- Sale
of goods
III. VARIOUS
DAMAGE MEASURES
- Three
types
IV. EXPECTATION
DAMAGES
- Defined
- Formula
for calculating
- "Reasonable
certainty"
V. RELIANCE
DAMAGES
- Generally
- Limits
on amount of reliance recovery
- Cost
to plaintiff, not value to defendant
VI. RESTITUTION
- Generally
- Not
limited to the contract price
- Losing
contract
VII. SUBSTANTIAL
PERFORMANCE AS A BASIS FOR SUIT ON THE CONTRACT
- Substantial
performance generally
- Divisible
contracts
VIII. SUITS
IN QUASI-CONTRACT
- Where
allowed
- No
contract attempted
- Unenforceable
contracts
- Breaching
plaintiff
IX. FORESEEABILITY
- General
rule
- Parties
may allocate risks themselves
X. AVOIDABLE
DAMAGES
- General
rule
- Sales
contracts
- Losses
incurred in avoiding damages
XI. NOMINAL
AND PUNITIVE DAMAGES
- Nominal
damages
- Punitive
damages
XII. LIQUIDATED
DAMAGES
- Definition
- General
rule
- Reasonableness
of amount
- UCC
rules
XIII. DAMAGES
IN SALES CONTRACTS
- Where
goods not accepted
- Accepted
goods
Chapter
10
CONTRACTS INVOLVING MORE THAN TWO PARTIES
I. ASSIGNMENT
AND DELEGATION GENERALLY
- Assignment
distinguished from delegation
II. ASSIGNMENT
- Present
transfer
- Terminology
- UCC
rules
- Writing
- Gratuitous
assignments
- What
rights may be assigned
- Contract
terms prohibiting assignment
- Assignee
vs. obligor
- Rights
of successive assignees of the same claim
- Rights
of assignee against assignor
III. DELEGATION
OF DUTIES
- Definition
- Continued
liability of delegator
- Non-delegable
duties
- Delegatee's
liability
IV. THIRD
PARTY BENEFICIARIES
- Introduction
- When
beneficiary may sue
- Discharge
or modification by the original parties
- Defenses
against the beneficiary
- Other
suits in beneficiary contracts
Chapter
11
IMPOSSIBILITY, IMPRACTICABILITY & FRUSTRATION
I. INTRODUCTION
- Nature
of the problem
- Risk
allocation
II. IMPOSSIBILITY
OF PERFORMANCE
- Generally
- Three
classes
III. IMPRACTICABILITY
- Modern
view of impracticability
IV. FRUSTRATION
OF PURPOSE
- Frustration
generally
- Factors
to be considered
V. RESTITUTION
AND RELIANCE WHERE THE PARTIES ARE DISCHARGED
- Generally
- Restitution
- Reliance
Chapter
12
MISCELLANEOUS DEFENSES
I. ILLEGALITY
- Generally
- Kinds
of illegal contracts
- Enforceability
II. DURESS
- Generally
- Ways
of committing
- Threat
to breach contract
III. MISREPRESENTATION
- Generally
- Elements
of proof
- Non-disclosure
IV. UNCONSCIONABILITY
AND ADHESION CONTRACTS
- Adhesion
contracts
- Unconscionability
V. CAPACITY
- Generally
- Infants
- Mental
incompetents
- Intoxication
Chapter
13
WARRANTIES
I. WARRANTIES
GENERALLY
- Types
II. EXPRESS
WARRANTIES
- Definition
III. IMPLIED
WARRANTY OF MERCHANTABILITY
- Generally
- Meaning
of "merchantable"
- Always
given unless disclaimed
IV. WARRANTY
OF FITNESS FOR PARTICULAR PURPOSE
- Generally
- Elements
V. PRIVITY
- Definition
- When
privity is necessary
VI. DISCLAIMERS
OF WARRANTY
- Generally
- Express
warranties
- Implied
warranties
- Magnuson-Moss
VII. MODIFYING
CONTRACT REMEDIES
- UCC
limits
Chapter
14
DISCHARGE OF CONTRACTS
I. RESCISSION
- Mutual
rescission
- Unilateral
rescission
II. ACCORD
AND SATISFACTION
- Executory
accord generally
- Consequences
III. SUBSTITUTED
AGREEMENT
- Distinguished
from executory accord
- Formal
requirements
IV. NOVATION
- Definition
- Consent
V. ACCOUNT
STATED
- Generally
VI. RELEASES
- Generally
- Formal
requirements