S Course Finder • Penn Carey Law

Course Details

Contracts (Katz) - Sec 2B

Fall 2025   LAW 502-004  

« Back to Search Results

Faculty
Leo Katz

Frank Carano Professor of Law

lkatz@law.upenn.edu
Additional Information

Skills Training
Other Professional Skills:

Grading
100% Exam

Exam
Short Answer,
Essay,
In Class,
Closed-Book

Satisfies Senior Writing Requirement

No

Location

Class meets in person.

Course Continuity
Students are encouraged to stay home if you are ill or experience flu-like symptoms. If you miss a class for any reason, it is still your responsibility to make up the work missed.

I offer the following to students who miss class due to illness:

- Class sessions are regularly recorded. If you are absent due to illness or some other unavoidable circumstance, email me and I can send you an email with instructions for accessing the recording for the class session(s) you missed.

Meeting Times/Location
R 10:30AM - 11:45AM
Silverman Hall 245A
MW 1:30PM - 2:45PM
Silverman Hall 245A

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 formation of contracts, 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 prominent in the legal sources studied.

Please make sure to get the casebook and the rules supplement in hard copy format.

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: Eighth Edition
Publisher: Aspen Pub
ISBN: 9798892074100
Required

"Getting to Maybe" by Fischl, Richard
Edition: 2nd 2023
Publisher: Carolina Academic Press
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