Content of parties rights and obligations in a contract
In the formation of contracts and the content of parties rights and obligations in a contract, the parties to a contract perform their various obligations.
After we get a valid, enforceable contract, what happens when the terms are in dispute? How are the terms to a contract interpreted? What are the rules of evidence and law that govern how a court resolves disputes? How might the answer be different when using the common law versus the UCC?
We studied this week about the concept of “conditional” performance and whether there are certain conditions that can be worked into a contract or construed by law that might impact the parties’ performance of their contractual duties.
Discuss how “conditions” might govern what happens when a party breaches the contract and when performance under a contract might be excused based upon a breach of conditions.


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