LEX150

Explain the requirements of an enforceable contract

Draft a simple contract

Demonstrate a working knowledge as to what constitutes a breach of contract and defenses to breach of contract

Identify all conduct, including performance, that constitutes duties under a contract

Explain the differences that arise when a contract comes under the sales provisions of the UCC

List the duties under the Bulk Sales Act

Explain the types of warranties and how they are used

Recognize the requirements of a negotiable instrument

Identify the various types of business entities and the advantages and disadvantages of each

Prepare the necessary documents to create and start the most common forms of business organizations