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I. OFFER 1. Objective versus subjective theories of contract The Counterpoise of Contracts: The Reasonable Person Standard and the Subjectivity of Judgment (handout) Embry v. Hargadine, McKittrick Dry Goods Co.  (353-56) -

Look at outward expressions of intention -

Private intent is irrelevant, must focus on visible indicators of intent

Use objectively reasonable person standard Robbins v. Lynch (357)- focus on visible indicators 2. Is there an “offer”: Intention not to be bound Restatement of Contracts, Second, § 24 Restatement of Contracts, Second, § 26- preliminary negotiations Moulton v. Kershaw (374-76): the quantity must be indicated in the offer, cannot just be a solicitation Question (376) Sharp, Promissory Liability  (376) Nguyen v. Barnes & Noble, Inc. ( 376-80) offer must be clear and definite with nothing left for negotiation Lucy v. Zehmer (handed out in class) Restatement of Contracts, Second, § 27 Note: Preliminary Negotiations and Agreements to Agree ( 420-21) 3. Indefiniteness Joseph Martin, Jr. Delicatessen v. Schumacher ( handed out in class)- before the power of law can be invokes to enforce a promise, it MUST be sufficiently certain and specific -

Need to set a price

Restatement of Contracts, Second, § 33 and Comment Also read the Illustrations on pages 371-72 of the Dawson textbook U.C.C. § 2-305(1), (4) and Official Comment 1, 2, 4, and 6 U.C.C. § 2-204 and Official Comment U.C.C. § 2-104(1) U.C.C. § 2-105(1) Comment: “Goods” and “Services”—The Scope of the UCC Sales Article  (778-81) 4. Termination of offers a. In general Restatement of Contracts, Second, § 36 b. Lapse of time Cobaugh v. Klick-Lewis, Inc. ( 392-95) Note: Unknown Offers of Rewards ( 395-96) Comment: “Master of the Offer” ( Textron, Inc. v. Froelich) ( 396-97) -

If no time is specified in the contract, the expiration of power of acceptance terminates at the end of a reasonable time

Restatement of Contracts, Second, § 41 and Comment b. and d. c. Death or incapacity of offeror or offeree Davis v. Jacoby ( handout) d. Rejection Restatement of Contracts, Second, § 38 Restatement of Contracts, Second, § 39

e. Revocation (and option contracts) Petterson v. Pattberg ( 381-84) Note (384-85) Restatement of Contracts, Second, § 43 Wormser, The True Conception of Unilateral Contracts ( 385-86) Comment: The Unilateral Contract ( 386-87) Streaker Case (handout) Restatement of Contracts, Second, § 25 Restatement of Contracts, Second, § 37 Restatement of Contracts, Second, § 62 Restatement of Contracts, Second, § 32 Restatement of Contracts, Second, § 45 and Comment Restatement of Contracts, Second, § 87 U.C.C. § 2-205 and Official Comment U.C.C. § 2-204(1)-(2) U.C.C. § 2-206(1) James Baird Co. v. Gimbel Bros. ( 403-06) Practice Problem 1 II. ACCEPTANCE 1. General Concepts Livingstone v. Evans ( 434-35) Questions (1) and (2) (435) Comment: The “Deviant Acceptance” at Common Law ( 436-37) Problem (438) Practice Problem 2 2. The “battle of the forms” Contract Formation Through Exchange of Printed Forms  (438-39) U.C.C. § 2-207 and Official Comment Idaho Power Co. v. Westinghouse Electric Corp. ( handout) Richardson v. Union Carbide Indus. Gases, Inc.  (439-44) Note: The Qualified or Conditional Acceptance Today ( 444-46) ProCD, Inc. v. Zeidenberg (446-51) Practice Problem 3 3. The mailbox rule Restatement of Contracts, Second, § 63 and Comment Restatement of Contracts, Second, § 40 Restatement of Contracts, Second, § 41(3) Restatement of Contracts, Second, § 42 Note: Replies From a Distance ( 369-71) Problem (handout in class) 4. Silence as acceptance Note: Conduct as Assent (472) Restatement of Contracts, Second, § 69 and Comment Hobbs v. Massasoit Whip Co. ( 473) Comment: The Privilege of Silence ( 474-76) Note: Unsolicited Merchandise (476-77)

Martin v. Little, Brown & Co. (477-80) Practice Problem 4 III. CONSIDERATION Introduction (241-42) Introductory Comment (251-55) 1. General Principles (Bargain and Benefit) Hamer v. Sidway (255-58) Note (258) Fuller, Consideration and Form  (242-43) Note: Bargained-For Consideration as a Formal Rule (259-60) Restatement of Contracts, Second, § 71 Restatement of Contracts, Second, § 79 Restatement of Contracts, Second, § 81 Hard-partying Wall Street trader v. Ex-girlfriend  (handout) Whitten v. Greeley-Shaw  (259) Fischer v. Union Trust Co. (263-65) Comment: “Nominal” and “Meritorious” Consideration  (265-67) (Schnell v. Nell) Note on bottom of p. 300 (“tramp case”) Kirksey v. Kirksey  (291-92) Kirksey additional facts (handout) Earle v. Angell (258) Batsakis v. Demotsis (820-22) Note: Greece in 1942 (823) Comment: “Adequacy” of Consideration (829-30) 2. Past Consideration Webb v. McGowin ( 276-79) Passante v. McWilliam (handout) Harrington v. Taylor (279-80) Restatement of Contracts, Second, § 86 and Comment a. Restatement (Second) of Contracts and the Modern Development of Contract Law (handout) Note: Past Consideration and the Restatement (283-84) In re Schoenkerman's Estate ( 285) Practice Problem 5 IV. PROMISSORY ESTOPPEL Restatement of Contracts, Second, § 90 Ricketts v. Scothorn ( 292-94) Questions (1) and (2) (294) Restatement of Contracts, Second, § 87 Kirksey v. Kirksey  (291-92) (revisited ) Drennan v. Star Paving Co. ( 406-11) James Baird Co. v. Gimbel Bros. ( 403-06) (revisited) Practice Problem 6 V. POLICING THE BARGAIN A. Mistake 1. Mutual mistake

Sherwood v. Walker  (625-31) Jerome M. Eisenberg, Inc. v. Hall (631-35) Restatement of Contracts, Second, § 152 Restatement of Contracts, Second, § 153 Restatement of Contracts, Second, § 154 Questions (1) and (2) (635-36) Kull, Mistake, Frustration, and the Windfall Principle of Contract

Remedies ( 638)

2. Unilateral mistake Elsinore Union Elementary School Dist. v. Kastorff  (641-45) Corp. ( 645-46) Handle Construction Co., Inc. v. Norcon, Inc.  (handout) Questions (3) and (4) (636) Comment: Unilateral Mistake (646-49) B. Impossibility and Impracticability Introductory Note (551) American Trading & Prod. Corp. v. Shell Int'l Marine, Ltd. ( handout) Restatement of Contracts, Second, § 261 Restatement of Contracts, Second, § 266 Hemlock Semiconductor Operations, LLC v. Solarworld  . . . (672-676) Kel Kim Corp. v. Central Markets, Inc.  (handout) C. Frustration of purpose Restatement of Contracts, Second, § 265 Krell v. Henry ( 657-61) Scottsdale Road General Partners v. Kuhn Farm Machinery  (handout) D. Unconscionability Embola v. Tuppela  (828) U.C.C. § 2-302 and Official Comment Restatement of Contracts, Second, § 208 Williams v. Walker-Thomas Furniture Co. (918-22) Note (922) Orcilla v. Big Sur, Inc.  (924-26) Shapiro, Courts, Legislatures, and Paternalism  (923-24) Batsakis v. Demotsis (820-22) (revisited ) Brower v. Gateway 2000, Inc. (929-33) Comment: Regulation of Unfair Terms (926-28) Practice Problem 8 VI. Written Contracts, Interpretation and the Parol Evidence Rule Introduction The Statute of Frauds (handout) U.C.C. § 2-201 and Official Comment

S.T.S. Transport Serv., Inc. v. Volvo White Truck...