A Simple Contract of Sale -- A Complex Business Contract -- A Substantial One-Time Transaction -- Defined Terms -- General Provisions -- Signing the Deal -- Closing the Transaction -- Writing Clearly and Precisely -- Structured Payments and Discounting to Present Value -- Evaluating the Other Party’s Draft -- Interpreting and Amending Existing Contracts -- Allocating and Externalizing Risk -- Chapter -- Control, Exit, and Buyout -- Control in a Two-Person Firm -- Memoranda of Understanding -- Protections Before Early Termination -- Early Termination Provisions -- External Dislocations of Simple Transactions -- Dealing with Government Regulations -- Sequential Options -- A Transaction in Phases -- Personal Appearance Contract -- Non-Commercial Contracts -- Dual Representation -- Facilitating a Client’s Negotiations -- Acting as a Scrivener -- Supplier Contracts in a Franchise System -- A Collaborative Phased Transaction -- External Dislocations of Complex Transactions -- A Four-Party Construction Project
Summary:
"This book is based on the idea that law students learn best how to draft contracts by drafting in realistic settings. The premise is to have students inhabit the roles of transactional lawyers in various contract scenarios. This organizes the class in five ways: Students conceptualize and draft contracts and contract provisions, with the use of guiding materials on the conventions and rules involved in transactional practice. Students work collaboratively with their peers. Students negotiate the deal as they draft the contract. Students practice a variety of deals, from one-time transactions to contracts relating to ongoing business relationships. Students critique the work of their peers. Finally, the project scenarios have more than the bare minimum of background information to give students some sense of how interesting transactional practice can be. Whether it is two graduate students researching the future of bioremediation, a big company figuring out the future of pizza delivery, a retailer attempting to fix its distribution system, or a collector dealing with a scamp who may (or may not) own Mick Jagger's car, these projects show students that transactional practice can be interesting and entertaining"-- Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.