[size=large][b]USLawEssentials Introduction to US Contract Law[/b][/size]
Understanding Fundamental Concepts, Sources of Contract Law in the United States, and the Offer.
[i][b]Daniel Edelson
Attorney/Teacher [/b][/i]
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Understand what a contract is and some of the fundamental concepts of contract law.
Distinguish between different types of contracts including bilateral, unilateral, express, and implied contracts.
Distinguish between the Uniform Commercial Code and the common law and understand the role of the Restatement (Second) of Contracts.
Identify transactions governed by the Uniform Commercial Code, specifically transactions for the sale of goods.
Understand how courts treat transactions involving both goods and services.
Understand what is required to form a legally binding offer.
Recognize missing or ambiguous terms in an offer or contract and understand how courts treat missing or ambiguous terms.
Understand requirements and output contracts.
Understand how offers are terminated and the requirements to form an irrevocable offer under the UCC and common law.