Contracts Explained

Most contracts are “simple contracts” that can be created by any adult without legal guidance. But that doesn’t mean you can overlook risks. Consumer law tends to automatically manage common risks to consumers, but it can add to the unmanaged risks for businesspeople. This book gives you the insights you need to create and administer contracts, and to enable informed discussion with business managers, project managers, contract managers, and lawyers. Learn how to: • write contracts that are easy to understand; • navigate concerns about intellectual property; • identify core components of larger contracts; • determine when a contract ends. Every business transaction you make has a contract, but not all contracts are written—and so risk can be hard to manage. When there is important risk to manage, you should put the contract into writing. Whether you are working locally, nationally, or internationally, this book will help you understand, write, and manage contracts.

Background Elements: Contract Curve and Expectation Damages; Consideration and the Bargained-for Exchange; Contract Formation; Unfairness and Unconscionability; Contract Interpretation; Performance and Breach; Mistake and Impossibility; Remedies; Third-Party Beneficiaries.

This Understanding treatise is designed for first-year law students enrolled in Contracts. The text explains common law principles of contract law using cases and examples that students commonly encounter in this first-year course. It draws illustrations from the Restatement (Second) of Contracts, and from Article 2 of the Uniform Commercial Code as it has been adopted in all fifty states. This edition includes expanded 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. Understanding Contracts was written with the understanding that Contracts will be one of the most challenging courses first-year law students will take. It explains how key concepts apply in several recurring basic fact patterns. It then builds on those fact patterns to explain how the law is more difficult to apply in business transactions with more complex facts. A key feature of Understanding Contracts that is not found in other similar books is its conscious incorporation of basic explanations of the common business practices to which the law of contracts applies. The feature helps students, many of whom have not had any background in the business world, understand contract law in the business settings in which it frequently applies. The book also provides detailed topic headings that students can use to develop their own comprehensive course outline.

Law school classroom lectures can leave you with a lot of questions. Glannon Guides can help you better understand your classroom lecture with straightforward explanations of tough concepts with hypos that help you understand their application. The Glannon Guide is your proven partner throughout the semester when you need a supplement to (or substitute for) classroom lecture. Here’s why you need to use Glannon Guides to help you better understand what is being taught in the classroom: It mirrors the classroom experience by teaching through explanation, interspersed with hypotheticals to illustrate application. Both correct and incorrect answers are explained; you learn why a solution does or does not work. Glannon Guides provide straightforward explanations of complex legal concepts, often in a humorous style that makes material stick.

"For too many students, first-year contracts is a heartache, plaguing them perpetually with this demoralizing thought: "I do my work, I go to class, I listen, I participate, and still - I don't know what it's all about or what my teacher wants me to know." We're here to spare you that sorrowful plight - to grab hold of contract law, tear away its veil of mystery, and flood it with such bright light as lets you see it for what it is: a course, like any other - easily understandable with ordinary work and thought"--

"Copyright law and contract language are complex, even for attorneys and experts. Authors may be tempted to sign the first version of a publication contract that they receive, especially if negotiating seems complicated, intimidating, or risky. But there is a lot at stake for authors in a book deal, and it is well worth the effort to read the contract, understand its contents, and negotiate for favorable terms. To that end, Understanding and Negotiating Book Publication Contracts identifies clauses that frequently appear in publishing contracts, explains in plain language what these terms (and typical variations) mean, and presents strategies for negotiating "author-friendly" versions of these clauses. When authors have more information about copyright and publication options for their works, they are better able to make and keep their works available in the ways they want"--Publisher.

Legal thinkers typically justify contract law on the basis of economics or promissory morality. But Peter Benson takes another approach. He argues that contract is best explained as a transfer of rights governed by a conception of justice. The result is a comprehensive theory of contract law congruent with Rawlsian liberalism.

The purchase of this ebook edition does not entitle you to receive access to the Connected eBook with Study Center on CasebookConnect. You will need to purchase a new print book to get access to the full experience, including: lifetime access to the online ebook with highlight, annotation, and search capabilities; practice questions from your favorite study aids; an outline tool and other helpful resources. This practical, student-centered text is a hybrid between traditional and problem-based casebooks. The coursebook provides a thorough discussion of rules, classic and contemporary cases, and an abundance of problems. Applying best practices in learning theory and textbook design, Contracts: A Modern Coursebook builds critical thinking skills faster and more efficiently traditional casebooks. New to the 3rd Edition: Optimized Flexibility Modular and easy to customize content adaptable to one- or two-semesters Increased Focus on Problem Solving Build critical thinking skills faster and more efficiently Additional Examples for Challenging Concepts Increased attention on Parol Evidence, Consideration, Remedies, UCC §2-207, and Conditions Expanded Multiple Choice Questions Provides increased options for assessment Additional Graphics Helps students understand and organize concepts Improved Design Boosts student engagement New Chapter Sequence Reflects adopters’ feedback New Cases and Case Illustrations Highlight contemporary contracts doctrine Professors and Students will benefit from:Clear and Concise Explanations of the Law Rules Precise and concise explanations cover the Restatement (2nd) of Contracts, common law, and UCC. No rules supplements needed. Analytic Frameworks Assist in understanding and applying elements of the rules. Case Illustrations and Examples Explain how rules work in practice. Flowcharts and Graphics Appeal to visual learners. Test Yourself Questions Embedded exercises within the explanation section let students assess their understanding of the rules. Classic and Contemporary Cases in Various FormatsCase Illustrations Concise examples illustrate application of the rules. Case Law Edited full opinions provide opportunities for Socratic dialog. Question prompts engage, build critical reasoning skills, and assist in class prep. Instead of spending class time extracting rules, professors can develop analytic skills and encourage students to apply law to new scenarios or hypos - a process that improves outcomes on exams. Case Briefs. Traditional case briefs emphasize contracts doctrine. Over 500 Questions & Problems Questions for Review Multiple choice questions test students understanding of the rules and can be used as a pre- or in-class assessment or for student's self-assessment. Problem Solving and Analysis Problems based cases and examples build critical thinking skills through a series of thought-provoking hypotheticals based on real-world scenarios. These questions provide opportunities for formative feedback in line with ABA standards. Higher Satisfaction Rates. Adopters report their effectiveness in the classroom and student satisfaction rates improved dramatically with use of this coursebook.

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