A Teaching Note on Contracts

Abstract

This article is the last of a series of teaching notes in the area of contract law and topics in the legal environment of business, designed to assist instructors- particularly “newly minted” professors- in preparing materials for use in their classrooms. This article summarizes the elements of a valid contract based on references to the classic cases decided in various jurisdictions in contract law, as well as citations to recently decided cases provided for further research and study and may serve as a template or overview of the important topics making up a business law or legal environment of business course