The text explains common law principles of contract law using cases and examples that students commonly encounter in this first-year course. It also explains and illustrates Article 2 of the Uniform Commercial Code, which deal with sales of goods that are frequently covered in Contracts. This edition includes material on the United Nations Convention on the International Sale of Goods, and the UNIDROIT Principles of International Commercial Contracts, appropriate to a basic course in contracts, and on modern statutes regarding electronic contracting. The fourth edition contains a revised chapter on the difficult concept of promissory estoppel and includes discussions of recent decisions dealing with consumer arbitration clauses. Citations to journal articles have also been updated to reflect recent scholarship on these and other topics.*
Preface
Introduction
Consideration
Promissory estoppel : detrimental reliance
Mutual assent : creating an agreement
The statute of frauds : is a writing required
Interpretation of contracts
Warranties
Conditions
Performance and breach
Defenses
Excuse : mistake and change of circumstances
Remedies : expectation damages
Reliance and restitution
Agreed remedies
Equitable remedies
Third-party beneficiaries
Assignments and delegations.