1. Contract Law Jody Blanke, Professor
Computer Information Systems and Law
Mercer University, Atlanta

2. Contract Law As Private Law
Willing parties can agree to do most anything
Freedom of contract
“Meeting of the minds”

3. Private Law
Contract between Major League Baseball and the Players Association - Collective Bargaining Agreement (311 page PDF file)
“free agent”
“salary cap”
“luxury tax”
NHL (a league that used to play ice hockey in Canada and the U.S.)

4. Uniform Commercial Code
Poster child of uniform laws
Adopted in 49½ states
Very successful
Facilitates the ease of doing business
First place to look for “the law”
then, other state statutes
then, state case (common) law – safety net

5. Basic Requirements An agreement between the parties Consideration
Capacity
Legality