Contracts I

Law of private agreements. Explores the evolution and application of common law doctrines, and, where applicable, relevant provisions of the Uniform Commercial Code. Examines the bases of promissory liability, contract formation, mutual assent, defenses to enforcement, excuses, remedies and damages, and the rights and interests of third parties. Attention will be paid throughout the course to the role of contracts in a market society and the conflicting interests of certainty, freedom of contract and fairness.