Chapter 1 Introduction to Business Contract 1
1.1 Nature of Contract 5
1.2 Classifications of Business Contract 11
1.3 Contract Law in Different Legal Systems 15
1.4 Basic Principles of Business Contract 18
Exercises 23
Chapter 2 Contract Formation 29
2.1 Offer 33
2.2 Termination of Offer 44
2.3 Acceptance 50
Exercises 56
Chapter 3 Contract Performance and Discharge 61
3.1 Conditions 65
3.2 Contract Discharge 72
Exercises 87
Chapter 4 Remedies for Contract Breach 91
4.1 Monetary Damages 95
4.2 Remedies in Equity 109
4.3 Restitution 116
4.4 Limitations on Remedies 118
Exercises 124
Chapter 5 Translating Business Transactions into Contract Concepts 127
5.1 Introduction 131
5.2 Representations and Warranties 133
5.3 Covenants 141
5 4 Rights 145
5 5 Conditions to Obligations 146
5.6 Discretionary Authority 148
5.7 Declarations 153
Exercises 157
Chapter 6 Structure of Business Contract 161
6.1 Introductory Provisions 165
6.2 Defined Terms and Definitions 166
6.3 Operative Provisions 167
6.4 Substantive Provisions 170
6.5 General Provisons 172
6.6 Signature blocks 173
6.7 Schedules and Exhibits 173
Exercises 177
Chapter 7 Introductory Provision and Definition Provision 181
7.1 Preamble 185
7.2 Recital 195
7.3 Words of Agreement 201
7.4 Definitions and Defined Terms 203
Exercises 207
Chapter 8 Operative Provisions and Substantive Provisions 211
8.1 Operative Provisions 215
8.2 Representations and Warranties 223
8.3 Covenants and Rights 230
8.4 Condition to an Obligation 236
8.5 Discretionary Authority 237
Exercises 242
Chapter 9 Termination Provisions,General Provisions and Signature Blocks 245
9.1 Termination Provisions 249
9.2 General Provisions 258
9.3 Signature Block 268
Exercises 272
References 277