601:511. CONTRACTS (4)
An introduction to the law of contracts, including the requirements for the formation of contractual obligations and some examples of quasi-contractual obligations (restitution). Included are problems relating to the agreement process, consideration and its equivalents, formalities of contracting, remedies, conditions, excuses for nonperformance, third-party beneficiaries, and assignment and delegation.
Considerable emphasis is placed upon statutory analysis, using appropriate sections of the Uniform Code. The impact of social and economic factors upon the formation and performance of certain contracts is also considered.