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Course Details

Contracts (Katz) - Sec 2A

Fall 2024   LAW 502-002  

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Faculty
Leo Katz

Frank Carano Professor of Law

lkatz@law.upenn.edu
Additional Information

Skills Training
None

Grading
100% Exam

Exam
Essay,
In Class,
Closed-Book

Satisfies Senior Writing Requirement

No

Location

Class meets in person.

Meeting Times/Location
R 10:30AM - 11:45AM
Silverman Hall 240B
MW 1:30PM - 2:45PM
Silverman Hall 240B

Category
First-Year

Credits
4.0

A study of the legal protection accorded promissory arrangements. The course deals with the reconciliation of the competing values of private ordering through consent-based agreements and of public regulation of exchange transactions. Subject matter considered includes the interpretation of contract terms, the effect of changed or unforeseen circumstances on contract obligations, and the remedies which the law provides for breach of contract. Also included are limitations on contract enforcement because of unconscionability and bad faith. The course emphasizes both the contract in litigation and the influence of contract law on transactional planning. The Uniform Commercial Code is among in the legal sources studied.

Course Concentrations

Business and Corporate Law Learning outcomes: Demonstrate a core understanding of business and corporate law; Perform legal analysis in the context of business and corporate law; Communicate effectively on topics related to business and corporate law; Demonstrate an understanding of the interconnection between the world of business and finance and that of business and corporate law, and how they affect other areas of law and society.


Textbooks

"Contracts: Cases and Doctrine" by Randy E. Barnett, Nathan B. Oman
Edition: Seventh Edition
Publisher: Aspen Pub
ISBN: 9781543826272
Required

"Getting to Maybe" by Fischl, Richard
Edition: 2nd 2023
Publisher: Carolina A
ISBN: 9781594607349
Required

"The Oxford Introduction of U.S. Law: Contracts " by Randy E. Barnett
Edition: 1st (April 21, 2010)
Publisher: Oxford University Press
ISBN: 9780199740185
Required