Management and Organizational Studies 2275A/B Lecture Notes - Lecture 3: Electronic Signature, Consumer Protection, Firm Foundation

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Cristin Keller

Document Summary

The purpose of this chapter is to provide an account of the exceptional circumstances in which contracts are unenforceable. It is important to emphasize to students that enforcement of contracts is the undeniable norm and that the chances of being able to rely on any of the doctrines discussed in chapter eight are remote indeed. This chapter does not focus on the often labyrinthine attributes of the doctrines it canvasses. This decision to calibrate discussion of exceptional circumstances is the most prominent single reason why the contracts part of this textbook is shorter than that found in other business law texts. As a direct result, the instructor is able to provide fulsome coverage to the legal principles and ideas that figure regularly and prominently in the marketplace. Understand why enforcement of contracts is the norm. Understand the exceptional circumstances in which contracts are not enforced. Understand which contracts must be in writing and why.