宋同学的ube笔记contracts handout -- js annotated.pdf

CONTRACTS AND SALES PROFESSOR STEVE CALANDRILLO Copyright © 2015 by BARBRI, . CONTRACT LAW ( LUDING UCC ARTICLE 2 SALES) TEACHING HYPOTHETICALS By Prof. Steve Calandrillo U. of Washington School of Law (206) 685-2403 Overview of Lecture: 1. Applicable Law 2. Formation of contracts 3. Terms of contract 4. Performance 5. Remedies for unexcused nonperformance 6. Excu f nonperformance 7. Third-party problems “Armadillos From Texas Play Rap, Eating Tacos.” Copyright © 2015 by BARBRI, . 2. CONTRACT LAW VOCABULARY A. Contract: Legally enforceable agreement  Contract ≠ Agreement B. Quasi contract: Equitable remedy (Res ution) → K rule does not apply in quantum meruit (quasi K). 1. Elements P has conferred a benefit on D, and P reasonably expected to be paid, and D realized unjust enrichment if P not be pensated 2. How Measure Recovery Contract price is not the measure of recovery. Focus on value of benefit conferred. The contract price is a ceiling if P is in default. C. Bilateral contract – offer that is open as to the method of acceptance  E.g., return promise; performance, etc. D. Unilateral contract – offer that expressly requires performance as the ONLY POSSIBLE METHOD OF ACCEPTANCE Bar Tip: