Legal Guides

Learn: Legal Contracts in Illinois

Welcome to this learning session on Legal Contracts in Illinois. In this course we shall address:

  • Introduction to Illinois Contract Law
  • Elements of a Valid Contract
  • Contract Formation and Offer
  • Acceptance and Consideration
  • Statute of Frauds in Illinois
  • Types of Contracts Recognized
  • Contract Construction Rules
  • Parol Evidence Rule
  • Modifying Contracts
  • Novations and Termination
  • Dispute Resolution Clauses
  • Choice of Law and Forum Provisions
  • Breach of Contract: Elements
  • Actionable Breach and Good Faith
  • Statute of Limitations
  • Third Party Beneficiaries
  • Legal Remedies for Breach
  • Equitable Remedies
  • Defenses to Breach of Contract
  • Defenses to Damages
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