Students will be able to apply the legal requirements to create an enforceable promise based on:
a. offer, acceptance, consideration, and satisfaction of the statute of frauds,
b. promissory estoppel, or
c. quasi-contract and moral obligation theories.
Students will be able to interpret a contract.
Students will be able to determine the steps necessary to enforce a contract.
Breach of Contract
Students will be able to recognize an anticipatory repudiation and a breach of contract.
Students will understand how to obtain an equitable remedy or calculate damages.
Students will understand basic defenses to contract formation and enforcement and identify facts that support such defenses.