contracts

A detailed Summary of contracts


for Lon L Fuller and Melvin Aron Eisenberg (American Casebook Series) 5th edition.

c A K is a promise or a set of promises for the breach of which the law gives a remedy

c Except as otherwise provided, the formation of a K requires a bargain in which there is...a consideration

c To constitute consideration, a performance of a return promise must be bargained for

c A promise which the promisor should reasonably expect to induce action or forbearance on the part of the promisee and which does induce such action or forbearance is binding if injustice can be avoided only by enforcement of the promise. The remedy granted for breach may be limited as justice requires

c Precludes B from denying in court the truth of statement that B made to A and that A had forseeably relied upon

c Consciously prevents the fact finder from determining the real truth about a certain fact, in order to reach a just result


Þ UCC 2-306 (1): Output, Requirements and Exclusive Dealings.

c 2. Subsection (1) provides that an agreement modifying a sales contract needs no consideration to be binding.



Some common words found in the essay are:
Article Section, Performance Replevin, BARGAINING PROCESS, Exclusive Dealings, Rescission Waiver, Procurement Substitute, Cement Co, Seller's Remedies, R84 Promise, R175 Duress, Þ ucc, specific performance, output requirements, consequential damages, comment 1, subsection 1, claim defense, comment 1 section, article section, 1 section, occurrence condition, provided article section, material change position, expenses saved consequence, promise pay indebtedness,

Approximate Word count = 4935
Approximate Pages = 20 (250 words per page double spaced)

Category: Miscellaneous

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