Once a contract is made and its validity confirmed (meaning its validity is either unchallenged or any such challenge has been defeated), it must be performed (carried out). Each party is obligated to carry out each and every one of the contract provisions to the standards set forth in the contract. Failure to do so may result in breach and damages, or in some cases damages even without breach. We will cover equitable contracts in some detail, third party rights somewhat less so.

Materials: Review Miller & Jentz Chapter 22 on Agency. After the lecture, you might want to look at the pertinent portions of Chapter 23, but be aware they contain significantly more detail than I expect you to know. These are the lecture slides and this is the downloadable file of the lecture, available during and after the TTh 12-2 class meeting.

 Quizzes:

       Quiz 23 will be available from 0800 on 11 November until 1800 on 15 November. This will cover all the material from this lecture.