About This Chapter
Below is a sample breakdown of the Scopes and Meanings in Contracts chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.
|Day||Topics||Key Terms and Concepts Covered|
|Monday|| Certainty of Terms: Definition and Terminology; |
Rules of Construction and Interpretation in Law
| The requirements of legal offers and a contract's binding elements; |
The interpretation of a contract for the purpose of settling disputes
|Tuesday||Implied Terms in a Contract: Definition and Explanation||A look at how courts may imply the terms of contracts for clarification purposes|
|Wednesday||Parol Evidence Rule: Definition, Examples and Purpose||A description of how this rule works|
|Thursday||Conditions in Contracts: Definition and Forms||An explanation of precedent, concurrent and subsequent conditions|
|Friday||How Contract Conditions are Excused||Prevention, anticipatory repudiation, waiver, and other ways that a condition can be excused|
1. Certainty of Terms: Definition and Terminology
In order to form a legally binding contract, you must first have a valid offer. A valid offer must contain definite and certain terms. This lesson discusses the key requirements of a valid offer.
2. Rules of Construction and Interpretation in Law
Sometimes a contract dispute will end up in court. A court must examine and interpret the contract in order to determine what the parties intended. This lesson explores how courts determine the parties' intent.
3. Implied Terms in a Contract: Definition & Explanation
Sometimes a contract dispute will end up in court. A court must examine and interpret the contract. Often, a court will imply certain terms in order to clarify the contract. This lesson explores the use of implied terms.
4. Parol Evidence Rule: Definition, Examples & Purpose
Often, a court will rule that a written contract represents the entire agreement between the parties. Other contract evidence won't be permitted or enforced. This is called the parol evidence rule. This lesson explains the rule and how it works.
5. Conditions in Contracts: Definition & Forms
The conditions of a contract determine the parties' obligations. A condition is an act or an event that affects the parties' contractual duties. There are three different forms of contract conditions. This lesson explores each of those conditions.
6. How Contract Conditions are Excused
A contract condition is an act or an event that affects the parties' contractual duties. A condition determines the parties' obligations, but sometimes a condition can be excused. This lesson explains the different ways that a contract condition can be excused.
Earning College Credit
Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Business Law Syllabus Resource & Lesson Plans course
- History of American Law Lesson Plans
- Sources of Law Lesson Plans
- Constitutional Law Lesson Plans
- American Legal Systems Lesson Plans
- Legal Procedures Lesson Plans
- Contract Law Basics Lesson Plans
- Capacity in Contract Law Lesson Plans
- Third Party Beneficiaries Lesson Plans
- Contract Assignment & Delegation Lesson Plans
- Statute of Frauds in Contracts Lesson Plans
- Breach of Contract Lesson Plans
- Discharge of Contracts Lesson Plans
- The Legal Environment Lesson Plans
- Securities & Antitrust Law Lesson Plans
- Property Law Lesson Plans
- Employment & Labor Law Lesson Plans
- Creditors' Rights Lesson Plans
- Product Liability & Consumer Protection Lesson Plans
- International Business Law Lesson Plans
- Torts in Business Law Lesson Plans
- The Role of Agency in Business Law Lesson Plans
- Business Organization Types Lesson Plans
- Sales & the Law Lesson Plans