Restatement of the Law,

Consumer Contracts

This Restatement will focus on aspects of the law unique to consumer contracts and on regulatory techniques that are prominently applied in consumer-protection law with examples from specific statutes and regulations.

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    Tentative Draft No. 2
    Tentative Draft No. 2
    176 pages, 2022, #1RCCTD2

    TABLE OF CONTENTS

    Section                                                                             Page

    Project Status at a Glance ................................................. xiii

    Foreword ............................................................................ xiv

    Reporters’ Memorandum .................................................... xv

    Reporters’ Introduction ......................................................... 1

    § 1. Definitions, Scope, and Outline ..................................... 9

    § 2. Adoption of Standard Contract Terms ......................... 22

    § 3. Adoption of a Modification of Standard Contract
    Terms .................................................................................. 66

    § 4. Discretionary Obligations ............................................ 82

    § 5. Unconscionability ........................................................ 91

    § 6. Deception .................................................................. 118

    § 7. Affirmations of Fact and Promises that Are Part of
    the Consumer Contract .................................................... 129

    § 8. Standard Contract Terms and the Parol Evidence
    Rule .................................................................................. 137

    § 9. Effects of Derogation from Mandatory Provisions ..... 143

    Appendix. Black Letter of Tentative Draft No. 2 .......... 152

    Tentative Draft No. 2 contains the entire project (§§ 1-9). The membership voted to approve this draft at the 2022 Annual Meeting, subject to the approved motion to add a new § 2, discussion at the Meeting, and editorial prerogative. This material may be cited as representing the Institute’s position until the official text is published.

    176 pages, 2022, #1RCCTD2E

    TABLE OF CONTENTS

    Section                                                                             Page

    Project Status at a Glance ................................................. xiii

    Foreword ............................................................................ xiv

    Reporters’ Memorandum .................................................... xv

    Reporters’ Introduction ......................................................... 1

    § 1. Definitions, Scope, and Outline ..................................... 9

    § 2. Adoption of Standard Contract Terms ......................... 22

    § 3. Adoption of a Modification of Standard Contract
    Terms .................................................................................. 66

    § 4. Discretionary Obligations ............................................ 82

    § 5. Unconscionability ........................................................ 91

    § 6. Deception .................................................................. 118

    § 7. Affirmations of Fact and Promises that Are Part of
    the Consumer Contract .................................................... 129

    § 8. Standard Contract Terms and the Parol Evidence
    Rule .................................................................................. 137

    § 9. Effects of Derogation from Mandatory Provisions ..... 143

    Appendix. Black Letter of Tentative Draft No. 2 .......... 152

    Tentative Draft No. 2 contains the entire project (§§ 1-9). The membership voted to approve this draft at the 2022 Annual Meeting, subject to the approved motion to add a new § 2, discussion at the Meeting, and editorial prerogative. This material may be cited as representing the Institute’s position until the official text is published.