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Introduction to Contracts

Introduction to Contracts

This module covers some basic concepts in Contract Law. What are the necessary parts of a contract? When might a contract be unenforceable?  What role do contracts play in a common law system? How do contracts help individuals and society develop products and services that would otherwise be too difficult? 

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6 of 14: Is Contract Theory Useful? [No. 86]

Everyone understands that learning Contract Law involves learning doctrine or rules about how contracts work. But why learn the theory behind the rules? Professor Randy Barnett argues that the best lawyers not only understand the rules but grasp the ... Everyone understands that learning Contract Law involves learning doctrine or rules about how contracts work. But why learn the theory behind the rules? Professor Randy Barnett argues that the best lawyers not only understand the rules but grasp the reasoning behind the rules which enables them to better apply the rules in a particular situation.

Professor Randy E. Barnett is the Carmack Waterhouse Professor of Legal Theory at the Georgetown University Law Center, where he teaches constitutional law and contracts, and is Director of the Georgetown Center for the Constitution.

As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

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