Contract Law

Description

This course is introductory and provides an overview of Contract Law, bilateral and unilateral contracts, and its application. It examines the elements of a contract, capacity defense to contract formation, including when a contract may be avoided because of the minority, mental incapacity, or illiteracy of one of the parties. The course reviews some substantive principles of contract law and demonstrates the application of that substance in revising an actual contract to the process of drafting a contract from scratch.

Objectives

• Distinguish between an “agreement” and a “contract”.
• Distinguish between agreements that are void, voidable, and unenforceable.
• Distinguish between lack of capacity as a matter of law and lack of capacity as a matter of fact.
• Explain the rules on whether minors can avoid contracts and the policies behind those rules.
• Apply the different tests for lack of mental capacity to particular fact situations.
• Name the elements of a contract and the elements for breach of contract.
• Select the most appropriate language to express the terms of the contract.
• Employ knowledge of substantive law to draft a sales contract.
• The participants will get a chance to draft a Contract on Sale of Goods.
• Appraise whether why it is unethical for an attorney to include an illegal provision in a contract he or she is preparing.