Predicted snowfall has caused Penn State to cancel all University Park activities, including classes and exams, from 5 a.m. Feb. 20 until 5 a.m. Feb. 21. Only employees identified as performing essential services should report. Visit news.psu.edu for more info.
Contracts is concerned with the formation of contracts. The traditional offer and acceptance are analyzed in light of problems presented by modern bargaining techniques. Voidability of contracts formed by fraud, mistake, illegality, and unconscionable advantage is also stressed. The performance of contracts and the parol evidence rule are discussed.