Sep 22, 2023
LEGAL 202 - Contracts & Negotiations5 Credits
Covers the formation of contracts, contractual provisions, Uniform Commercial Code (UCC), remedies and preparation of basic contractual documents. Approximately 30% of class addresses rules of contracting in context of teaching negotiations.
Pre-requisite(s) LEGAL 100 or POLS& 200 min. 2.0
Quarters Typically Offered
Designed to Serve Students in Legal Studies program, pre-law students, and program manager students in BSTEC
Active Date 20220330T15:34:20
Grading Basis Decimal Grade
Class Limit 32
Contact Hours: Lecture 55
Total Contact Hours 55
ProfTech Course Yes
Restricted Elective Yes
- The legal framework for contract law
- How a contract is formed: Offer, Acceptance, Consideration
- Remedies for Breach of a Contract
- Legality of subject matter & Contractual capacity
- Problems with contractual intent
- Provisions in a typical contract
- Uniform Commercial Code (UCC)
- Third Party Contracts
- Discharge of Obligations
- Drafting Simple Contracts
Student Learning Outcomes
Correctly identify the components of a valid contract, including the elements of valid offer, acceptance, and consideration.
Effectively describe and analyze legal contract issues of mutal assent, capacity, illegality fraud and misrepresentation. mistake, durress and undue influence.
Correctly identify and analyze the required elements and applicability of the statute of frauds, and apply the parol evidence rule and other essential rules of contract interpretation.
Correctly describe the essential methods for discharging contractual obligations inlcuding performance, rescission, release, modification, novation, accord and satisfaction, and frustration of purpose.
Correctly identify and analyze third party contractual relationships and differentiate concepts of assignment and delegation.
Correctly identify and distinguish the essential remedies for breach of contract under the Uniform Commercial Code and common law
Effectively negotiate and draft a valid written contract through observed role-play and writing assignment
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