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Lectures on Business Law and the Negotiable Instruments Law - Softcover

Samuel Williston

 
9781330567784: Lectures on Business Law and the Negotiable Instruments Law

Synopsis

This book is a compilation of lectures on business law that provides an in-depth exploration of contracts, with a focus on their legal requirements and complexities. The author examines different types of contracts, including formal and simple contracts, and discusses the elements necessary for their formation, such as mutual assent, consideration, and writing. The book also analyzes the obligations of parties to a contract, their duties to perform, and their excuses for non-performance. Furthermore, it explores the concept of consideration in detail, emphasizing that it must be something of value given or promised in exchange for a promise. The book also highlights the importance of writing in certain types of contracts, as required by the Statute of Frauds, and examines the various exceptions to this rule. Overall, this book offers a comprehensive understanding of the fundamental principles of contract law, making it an invaluable resource for anyone involved in business transactions.

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