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  1. Home
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Home Contracts
  1. Publications
Restatement of the Law Second,

Contracts

This work is the quintessential guide to the modern common law of contracts.  It covers fundamental principles, providing a complete, coherent overview of contract law. Relied on and adopted by courts nationwide, this authoritative work is one of ALI’s most frequently cited publications.

Volume 1 covers the meaning of terms; formation of contracts-parties and capacity; formation of contracts-mutual assent; formation of contracts-consideration; the Statute of Frauds; mistake; and misrepresentation, duress, and undue influence.

Volume 2 includes unenforceability on grounds of public policy; the scope of contractual obligations; performance and non-performance; impracticability of performance and frustration of purpose; discharge by assent of alteration; joint and several promisors and promisees; and contract beneficiaries.

Volume 3 deals with assignment and delegation and remedies.

Reporters:
E. Allan Farnsworth, Columbia University School of Law, New York, NY [from 1971]
Robert Braucher, Harvard Law School, Cambridge, MA [to 1971] 


Summary of Contents

Volume 1 (§§ 1-177)

Foreword
Introduction

Chapter 1. Meaning of Terms

Chapter 2. Formation of Contracts – Parties and Capacity

Chapter 3. Formation of Contracts – Mutual Assent
  Topic 1. In General
  Topic 2. Manifestation of Assent in General
  Topic 3. Making of Offers
  Topic 4. Duration of the Offeree’s Power of Acceptance
  Topic 5. Acceptance of Offers

Chapter 4. Formation of Contracts – Consideration
  Topic 1. The Requirement of Consideration
  Topic 2. Contracts Without Consideration
  Topic 3. Contracts Under Seal: Writing as a Statutory Substitute for the Seal

Chapter 5. The Statute of Frauds
  Topic 1. The Executor-Administrator Provision
  Topic 2. The Suretyship Provision
  Topic 3. The Marriage Provision
  Topic 4. The Land Contract Provision
  Topic 5. The One-Year Provision
  Topic 6. Satisfaction of the Statute by a Memorandum
  Topic 7. Consequences of Non-Compliance

Chapter 6. Mistake

Chapter 7. Misrepresentation, Duress and Undue Influence
  Topic 1. Misrepresentation
  Topic 2. Duress and Undue Influence


Summary of Contents

Volume 2 (§§ 178-315)

Chapter 8. Unenforceability on Grounds of Public Policy
  Topic 1. Unenforceability in General
  Topic 2. Restraint of Trade
  Topic 3. Impairment of Family Relations
  Topic 4. Interference with Other Protected Interests
  Topic 5. Restitution

Chapter 9. The Scope of Contractual Obligations
  Topic 1. The Meaning of Agreements
  Topic 2. Considerations of Fairness and the Public Interest
  Topic 3. Effect of Adoption of a Writing
  Topic 4. Scope as Affected by Usage
  Topic 5. Conditions and Similar Events

Chapter 10. Performance and Non-Performance
  Topic 1. Performances to be Exchanged Under an Exchange of Promises
  Topic 2. Effect of Performance and Non-Performance
  Topic 3. Effect of Prospective Non-Performance
  Topic 4. Application of Performances

Chapter 11. Impracticability of Performance and Frustration of Purpose

Chapter 12. Discharge by Assent or Alteration
  Topic 1. The Requirement of Consideration
  Topic 2. Substituted Performance, Substituted Contract, Accord and Account Stated
  Topic 3. Agreement of Rescission, Release and Contract Not to Sue
  Topic 4. Alteration

Chapter 13. Joint and Several Promisors and Promisees
  Topic 1. Joint and Several Promisors
  Topic 2. Joint and Several Promisees

Chapter 14. Contract Beneficiaries


Summary of Contents

Volume 3 (§§ 316-end)

Chapter 15. Assignment and Delegations
  Topic 1. What Can Be Assigned or Delegated
  Topic 2. Mode of Assignment or Delegation
  Topic 3. Effect Between Assignor and Assignee
  Topic 4. Effect on the Obligor’s Duty
  Topic 5. Priorities Between Assignee and Adverse Claimants

Chapter 16. Remedies
  Topic 1. In General
  Topic 2. Enforcement by Award of Damages
  Topic 3. Enforcement by Specific Performance and Injunction
  Topic 4. Restitution
  Topic 5. Preclusion by Election and Affirmance

Conversion Tables:
     Table I. Section Numbers from Official Text to Tentative Drafts
     Table II. Section Numbers from Tentative Drafts to Official Texts
Table III. Uniform Commercial Code Citations
Table IV. Statutes
Table V. Cases Cited in Reporters ' Notes

Index

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