Modification of Contracts1英文文献资料

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1、7ModificationofContractsBRIANL.CROWESUZANNEL.SIASShefsky&Froelich,Ltd.Chicago©COPYRIGHT2006BYBRIANL.CROWEANDSUZANNEL.SIAS.7—1ThischapterwasfirstpublishedbytheIllinoisInstituteforContinuingLegalEducationinContractLaw,2006CONTRACTLAWI.[7.1]ScopeofChapterII.[7.2]ModificationGene

2、rallyIII.RequirementofMutualAssentA.[7.3]GenerallyB.[7.4]ModificationsEvidencedbyParties’ConductIV.PartiesNecessarytoModificationA.[7.5]GenerallyB.[7.6]Exception:Terminable-at-WillContractV.ConsiderationforModificationA.ContractsNotSubjecttotheUniformCommercialCode1.[7.7]Gene

3、rally2.[7.8]Exception:ExecutedModificationB.[7.9]ContractsSubjecttotheUniformCommercialCodeVI.[7.10]EffectofModificationVII.ApplicabilityoftheStatuteofFraudstoModificationsA.ContractsNotSubjecttotheStatute1.[7.11]Generally2.ContractsProhibitingOralModificationa.[7.12]CommonLa

4、wb.[7.13]UniformCommercialCodeB.[7.14]ContractsSubjecttotheStatuteVIII.[7.15]SupersedingAgreementsasModificationsIX.[7.16]EffectofDuressX.[7.17]Conclusion7—2WWW.IICLE.COMMODIFICATIONOFCONTRACTS§7.2I.[7.1]SCOPEOFCHAPTERContractmodificationappearsdeceivinglysimple.Ifcertainrequ

5、irementsarenotmet,however,anallegedlymodifiedcontractcanbecomeasourceofcontention,particularlyifthepartiescontestthesufficiencyofthemodificationandtheirrespectiverightsandobligationsunderthecontract.Thesesituationsfrequentlyendupbeforeajudge,decidedbyacourtoflawratherthanthep

6、arties.Partiescanavoidlitigation,however,bymeetingthenecessaryrequirementsforasuccessfulcontractmodification.Thischaptercoversthoserequirements,includingoffer,acceptance,andconsideration.Itaddressestheeffectofacontractualmodificationontheoriginalcontractbetweenthepartiesanddi

7、scussesissuesuniquetocontractsgovernedbythestatuteoffraudsandtheUniformCommercialCode.Finally,thechapterconcludeswithadiscussionofthemergerdoctrineunderIllinoislawandtheeffectithasonmultipleagreementscoveringthesamesubjectmatterenteredintobetweenthesameparties.II.[7.2]MODIFIC

8、ATIONGENERALLYWhenpartiesenterintoacontract,theyarenotlockedintoitst