read Chapter 8- Part III An Economic Theory of Contract Remedies from the Cooter and Ulen (pg. 287-291) and reflection on your reading, specifically explain the concept of Reliance on contracts.
Grading will be based on:
• Check-plus (25/25 points): no mistakes, important points explained clearly, no doubt the student read the chapter, summary is 500 words or more
• Check (22.5 /25 points): mostly correct, most points explained clearly, summary is less than 500 words
• Check-minus (15/25 points): missing discussion, mostly incorrect reflections, lack of clear explanations, no effort (less than 250 words)
• No summary turned in (0/25 points)
