This lesson presents an overview of unconscionability as a defense to contract formation or to particular clauses in the contract.
Read moreThe goal of this lesson is to take the user systematically through UCC Article 2. The lesson accomplishes this goal by having the user study a contract for the sale of goods. The concepts of Article 2 are thereby seen in the practical setting in which they are applied. Conversely, study of the contract reveals the source of each of the included provisions in the law. The user becomes familiar with the default rules and how those rules might be changed on behalf of a client. The user finishes with knowledge of the Code and how the Code may be applied in practice when drafting a contract.
Read moreThe is the third lesson on voidable or fraudulent transfers under the 2014 Uniform Voidable Transactions Act (a slightly amended Uniform Fraudulent Transfers Act) and section 548 of the Bankruptcy Code.
Read moreWhen the court awards money damages for breach of contract, it generally measures the damages by what is called the expectation measure or the expectancy. Referring to Hawkins v.
Read moreThis lesson is part of a series of lessons that examines contract remedies. It discusses a breach by the buyer.
Read moreFor better understanding, you should run this lesson after you complete the lesson Contract Tutorials on Remedies - UCC Damage Rules for Buyers.
Read moreThis lesson is part of a series that deal with contracts remedies. While proving the damages, a plaintiff has to prove damages with "reasonable certainty." This lesson explores that principle. The author discusses main concepts that explain the term "reasonable certainty" (the "new business rule", "traditional rule" and "current rule"). Examples of liberalization of the proof requirements for damages in the UCC and in the area of "psychic losses" are also covered.
Read moreThis lesson explains the concept of liquidated damages. A liquidated damages clause in a contract states what damages the breacher will owe the non-breacher in the event of breach.
Read moreThis lesson examines specific performance as a remedy ordered by the court when the money damages will not be adequate.
Read moreThis lesson is best used after studying the material in class. Unlike many of CALI's other lessons, this lesson takes a more problem oriented approach to learning the material. The lesson provides students with additional problem sets to work through, allowing students to refine their ability to apply the Code and Regs. to a variety of situations.
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