Contracts in the Real World (2nd Ed., Revised edition)
Stories of Popular Contracts and Why They Matter

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This book explores the complexities of contracts in a real world context through a series of engaging real life stories.

Language: English
Cover of the book Contracts in the Real World

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300 p. · 15.7x23.5 cm · Hardback
Contracts, the foundation of economic activity, are both vital and misunderstood. Contracts in the Real World, 2nd edition corrects common misunderstandings through a series of engaging stories involving such notable individuals as Martin Luther King, Maya Angelou, Lady Gaga, and Donald Trump. Capturing the essentials of this subject, the book explores recurring issues in contracting and shows how age-old precedents and wisdom still apply today and how contract law's inherent dynamism cautions against exuberant reforms. The accessible yet rigorous approach will appeal to the general reader and specialists alike, and to both teachers and students of contracts.
Introduction; 1. Getting in: contract formation; 2. Facing limits: unenforceable bargains; 3. Getting out: excuses and termination; 4. Paying up: remedies; 5. Rewinding: restitution and unjust enrichment; 6. Writing it down: interpretation, parol, frauds; 7. Performing: duties, modification, good faith; 8. Hedging: conditions; 9. Considering others: third parties and society; Appendix A: offering and accepting; Appendix B: buying and selling goods; Table of cases.
Lawrence A. Cunningham is the Henry St George Tucker III Research Professor at George Washington University Law School. He has been a professor of law and business for more than twenty years at Boston College, Massachusetts, George Washington University, and Yeshiva University, New York. He is the author of The Essays of Warren Buffett: Lessons for Corporate America (2013) and editor from 1994 to 2001 of the leading treatise on contract law, Corbin on Contracts. His writing has appeared opposite the editorial page in The New York Times, Financial Times and the National Law Journal.