Law 601: Contracts
Law 601 is the basic course on the law of enforceable promises (contracts). Subjects covered in this course include offer and acceptance, reasons for enforcing promises, legal and equitable remedies for breaches of contract, mistake and excuse for nonperformance, legislative and judicial policing against overreaching and unfairness, Statute of Frauds, interpretation of contract language, conditions, and, if time permits, assignment and delegation and third-party beneficiaries. The course is taken in the first semester and is based primarily on the common law; a major purpose of the course is training students in the ability to analyze and synthesize cases.
Sequence and Prerequisites: Required in the first year.