Business & Contract Law Course Outline - Six hours of online audio lectures on Contract Law Basics, plus a 120 page written outline of the law in pdf format.

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business contract law course outline

Introduction To Contract Law
Six hours of online audio lectures on Contract Law Basics, plus a 120 page written outline of the law in pdf format. Access to the online materials is good for 10 days from the date of purchase. If you're searching for MBE Questions, click here for our online Multistate Personal Trainer Program

Overview of Contracts & Sales Course

Contracts & Sales

Formation of Contracts:
Mutual Assent
Capacity to Contract
Illegality, unconscionability, and public policy
Implied-in-fact contract and quasi-contract
're-contract' obligations based on detrimental reliance
express and implied warranties in sale-of-goods contracts

Consideration:
Bargain and exchange
'Adequacy" of consideration: mutuality of obligation, implied promised, and disproportionate changes
Modern substitutes for bargain: "Moral obligation," detrimental reliance, and statutory substitutes
Modification of contracts: preexisting duties
Compromise and settlement of claims

Third-Party beneficiary contracts:
Intended beneficiaries
Incidental beneficiaries
Impairment or extinguishments of third-party rights by contract modification of mutual rescission
Enforcement by the promisee

Assignment of rights and delegation of duties:
Assignment of rights
Delegation of duties

Statues of Frauds:
The memorandum
Contracts within the statute of frauds

Parol evidence and interpretation:
The writing as final expression of agreement
Exceptions
Parol evidence rule under the uniform commercial code

Conditions:
Express
Constructive
Obligations of good faith and fair dealing in performance and enforcement of contracts
Suspension or excuse of conditions by waiver, election, or estoppel
Prospective inability to perform: effect on other party

Remedies:
Total and partial breach of contract
Anticipatory repudiation
Election of substantive right and remedies
Specific performance; injunction against breach; declaratory judgment
Rescission and reformation
Measure of damages in major types of contract and breach
Consequential damages: causation, certainty, and foreseeability
Liquidated damages and penalties
Restitutionary and reliance recoveries
Remedial rights of defaulting parties
Avoidable consequences and mitigation of damages
Buyer's remedies under Article 2
Seller's remedies under Article 2

Impossibility of performance and frustration of purpose:
Impossibility of performance
Frustration of purpose

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