WPCy khU5b9\Aps |+Dm+#?#rv#I(7|qmzFd ESm<ʚHsUiF,*XN؋SƃjQ(D ~4xS2@CIpHфRX,Tho:VY/?o!#)"&s?|gU[Vml^r#cH0}lOZ$h}[e6~LT O@<).wnJv9r%W1/~=\^JN %zo#!UN3 % 0(  0eu  w^ 4  0e! $ 0.eL  UNbvU<<x> m@@WU> 0@EEEEEEEEEE AS 0D 0D 0D...... D+r 0K 0D C, CFFFFFFFFFFFFF DC` B- AHP LaserJet 5L,00,0x9 Z6Times New Roman RegularX($I., II.,Level 1Level 2Level 3Level 4Level 54#'2Quick I.  .0 A, B,Level 1Level 2Level 3Level 4Level 5-E./E0Q1{23E45E67E89E:;V٤F%  3|x;4#(v2Quick A.  .0 1, 2, 3,Level 1Level 2Level 3Level 4Level 54#)2Quick 1.   .0   +"  ݛAnecessarycorollaryofcontractlawisthatoneperson(ormore)cannotunilaterallychangeanotherpartyscontractrights.MoreimportantinAssignmentthanThirdPartyBeneficiarysetting.Level 1Level 2Level 3Level 4Level 5!,Z6Lucida Blacklet RegularLevel 1Level 2Level 3Level 4Level 5Level 1Level 2Level 3Level 4Level 5%W Z$Nimrod RegularLevel 1Level 2Level 3Level 4Level 5U J)  ݛXZXXXXXZ L200"Session5   (#page5:  1   0AZ&Univers Regular2c0Quick 220  *+,-l^C <CLevel 1Level 2Level 3Level 4Level 5(3$ !  (3$ !  ($$   1  'dxd( $ Figure  1  (3$ !   ddmmmm7Hairlinedxd)Hairline d,43&OLE 2.0 Box <=8C HKKKK !  ݛjXX iXj @ "L200"Contracts   Q<'Q<@TT&Session5 h МLw M'@   ContractRequirements  d @ZZ'(Cont.) L M MLwԈ  ( 5  MLԛ'  'I  .0    CONTRACTFORMATION'-ی (#(# Ќ   (v  0   (vA  .0(#(#  Legality  A(#(#(# [p.200]  (v ی   Ќ  0  0(#(#The generalruleisappliedlessoftenthansomeexception (#(# 0  0(#(#GENERALRULE=contractforillegalpurposeisVOID (#(#  )  0  0(#(# ) 1  .0(#(#  ݜGambling"stillillegalineverystate )  ی (#(# Ќ   )  0  0(#(# ) 2  .0(#(#  Licensing A(#(#(# [p.201]  ) ی   Ќ   )  0  0(#(# ) 3  .0(#(#  Reasons/Logicforapplyingrule A(#(#(# [p.157]  )2 ی   Ќ  ݜc  0  0(#(#0(#(#c!20T (#(#  Ifreasonablypossible,courtfrequently excludestheillegalpartand   enforcestheremainderofthecontractc!p݌ T (#T (# Ќ   )  0  0(#(# )k  4  .0(#(#  Contraryto PublicPolicy A(#(#(#[ p.201]  )k  ی  Ќ  ݜc  0  0(#(#0(#(#c 20T (#(#  Covenantnottocompetec ݌T (#T (# Ќ  0  0(#(#0(#(#0T (#(#0 T (#T (#SaleofBusiness (# (# 0  0(#(#0(#(#0T (#(#0 T (#T (#EmploymentContract (# (# М̛ (v  0   (v B  .0(#(#  GenuinenessofAssent A(#(#(#[p.206]  (v ی  Ќ  ݜ ؛ )  0  0(#(# )  1  .0(#(#  UsedasaDEFENSEwhenitappears(objectively)thatacontractexists )  ی(#(# Ќ  ݜ )  0  0(#(# ) 2  .0(#(#  Thevariousrulesthatallowavoidanceofacontractrequiresomeobjective | proofthatareasonablepersonwouldconcludethatthepartydidnotreallyagreetoacontract ). ی (#(# Ќ  ݜ0  0(#(#0(#(#(a)0T (#(# Mistakep!T (#T (# Л0  0(#(#0(#(#(b)0T (#(# Fraudl"T (#T (# Л0  0(#(#0(#(#(c)0T (#(# UndueInfluenceh#T (#T (# М0  0(#(#0(#(#(d)0T (#(# Duress A(#T (#T (# [p.211]  d$ М̛ (v  0   (vC  .0(#(#  FormLL<(#(#(#[p.212,156]  (vی d&! Ќ  ݜ ؛ )  0  0(#(# )޿ 1  .0(#(#  AncientEnglishstatutestilleffectiveinU.S. )޿ یd'"(#(# Ќ  ݜc  0  0(#(#0(#(#c20T (#(#  Doesnotmakethosecontracts void,just unenforceablec!݌`(# T (#T (# Ќ  ݜ;  \)$! ; )  0  0(#(# ) 2  .0(#(#  Typesofcontracts@(#(#(# [p.212]  )? ی  Ќ  0  0(#(#0(#(#(a)0T (#(#FortransferofanyinterestinrealpropertyT (#T (# Л0  0(#(#0(#(#(b)0T (#(#CannotbeperformedwithinoneyearT (#T (# Л0  0(#(#0(#(#(c)0T (#(#Promiseinconsiderationofmarriage:T (#T (# 0  0(#(#0(#(#(e)0T (#(#CollateralAgreementsT (#T (# c  0  0(#(#0(#(#0T (#(#cQ20 T (#T (#  MainPurpose Exception  A(# (# (#[p.215]cQ݌   Ќ  ݜ0  0(#(#0(#(#(d)0T (#(#Saleofgoodsover$500 T (#T (# c  0  0(#(#0(#(#0T (#(#c20 T (#T (#   Only appliestoUCCcontractscJ݌  (# (# Ќ  c  0  0(#(#0(#(#0T (#(#c20 T (#T (#  OnlyS/FruleundertheUCCcO݌   (# (# Ќ   )ݛ  0  0(#(# ) 3  .0(#(#  Exceptions``8(#(#(#[p.215,UCC216] ) ی   Ќ  0  0(#(#0(#(#(a)0T (#(#PARTPERFORMANCE T (#T (# 0  0(#(#0(#(#(b)0T (#(#PROMISSORYESTOPPEL(Equity) T (#T (# М̛ )  0  0(#(# ) 4  .0(#(#  SufficiencyofWriting(ifstatuteapplies)TT<(#(#(#[p.216,261] ); ی   Ќ   )  0  0(#(# )4  5  .0(#(#  Effectiveagainstpersonwhosigned )4 o  ی(#(# Ќ  ݜc  0  0(#(#0(#(#c;!20T (#(#  UCCspecialruleformerchants  A(#T (#T (#[p.261]c;!!݌  Ќ   )  0  0(#(# )=" 6  .0(#(#  CISGdoesnotrequireANYcontracttobeinwriting )="x" ی(#(# Ќ   )  0  0(#(# )S# 7  .0(#(#  KazakstanCoderequiresmanycontractstobeinwriting  A(#(#(#[152] )S## ی | Ќ  ݜ II.0  0(#(#THIRDPARTYRIGHTS A(#(#(#[p.222]  x  (v  0   (v!%A  .0(#(#  PrivityofContract  (v!%N%یx(#(# Ќ  ݜk)_5%!d p `E >ee: tWt k WW(#(#̛ (v  0   (v&B  .0W(#  ThirdPartyBeneficiaries//'WW(#[p.227]  (v&&ی p Ќ  0  0W(#(1)0W(# CreditorbeneficiarypW(# Л0  0W(#(2)0W(# DoneebeneficiarylW(# ̛0  0W(#(3)0W(#ModificationofthirdpartycontractsdW(#  (v  0   (v)C  .0W(#  AssignmentandDelegation//'WW(#[p.223]  (v)D)ی \! Ќ  ݜ  )  0  0W(# )C* 1  .0W(#  Assignment )C*~* ی\"W(# Ќ  ݜ (#(#WWc  0  0(#(#0(#(#cY+20T (#(#  Contractsthatcannotbeassi-,nge,-.gnedcY++݌X#T (#T (# Ќ  ./.c  0  0(#(#0(#(#c20T (#(#  ./̛ )  0  0(#(# ), 2  .0(#(#  Delegation[ofDuty]orobligation  A(#(#(#[p.226] ),9- ی P% ! Ќ  ݜ100  0(#(#0(#(#0T (#(#011c  0  0(#(#0(#(#c.20T (#(#  12Contractdutiest232aht234hatcannotb4544576\e678edele898bat89:gated: