This exercise reviews some substantive principles of contract law and demonstrates the application of that substance to the process of drafting. The exercise begins with a form contract that the user must rewrite to suit the needs of the client. On completion, the user has reviewed applicable principles from both the common law and the U.C.C. In addition, the user has learned principles of drafting that can be applied either to revision of a form or to drafting from scratch.
On completion of the lesson, the student will be able to:
1. Select the most appropriate terms to include in a contract.
2. Select the most appropriate language to express the terms of the contract.
3. Employ knowledge of substantive law to draft a sales contract.