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Course Number: LAW 601

Course Credits: 4

Required course for all first year students. This course is a 4 credit offering in the law of contracts, with emphasis placed on the common law, while the Uniform Commercial Code is studied for a comparative overview. This course focuses on remedies for breach of contract; consideration, the bargain principle, and the limits consideration imposes on the bargain principle; unbargained-for reliance as a basis for enforcement; the bargaining process assent, offer and acceptance, preliminary negotiations, mistake and the parole evidence rule; problems of performance changed circumstances, obligation to perform in good faith, substantial performance, conditions and anticipatory repudiation; third-party beneficiaries, assignment; and the Statute of Frauds.