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Agreements as to Remedies Parties may agree contractually to remedies Liquidated damages clause: parties agree on amount of damages to pay to injured party Limitation or exclusion clause: parties agree to limit either the remedies available by law or the damages that can be covered [2–719(1)] See Star-Shadow Productions, Inc. v. Super 8 Sync...

11 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1073 | Lượt tải: 0

Learning Objectives General rules of performance under the Uniform Commercial Code Delivery, inspection, and payment Acceptance, revocation, and rejection Assurance, repudiation, and excuse

12 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1120 | Lượt tải: 0

Learning Objectives Evolution of product liability law Theories of product liability recovery: Express warranty, implied warranties, negligence, strict liability Other theories of recovery Time limitations, disclaimers, defenses Damages

16 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1187 | Lượt tải: 0

Learning Objectives Definitions of basic terminology Terms (details) of sales contracts The nature of “title” Title & third parties Risk of loss Sales on trial, approval, or consignment

17 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1214 | Lượt tải: 0

Learning Objectives Nature and types of conditions in contracts Performance of contracts Breach of contract Excuses for non-performance Remedies for breach of contract

16 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1117 | Lượt tải: 0

Overview Sometimes a person who entered into a contract must transfer contract rights or duties to another person (third party) Transfer of a right under a contract is called an assignment Appointment of another person to perform a duty under a contract is called a delegation

15 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 968 | Lượt tải: 0

Learning Objectives Significance of a writing in contract law The Statute of Frauds Contracts covered by the Statute of Frauds and the requirements The UCC & the Statute of Frauds The Parole Evidence Rule

17 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1147 | Lượt tải: 0

Learning Objectives Meaning of illegality Types of illegal agreements Effect on contracts Special doctrines

13 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1149 | Lượt tải: 0

Learning Objectives The meaning of capacity The classes of persons without capacity The rights to disaffirm or ratify The duties of disaffirmance

16 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1242 | Lượt tải: 0

Learning Objectives Five doctrines that permit people to avoid their contracts because of the absence of real consent: Misrepresentation Fraud Mistake Duress, and Undue influence

14 trang | Chia sẻ: baothanh01 | Ngày: 13/10/2018 | Lượt xem: 1154 | Lượt tải: 0