The Law of Contracts explores the law of contracts in an attempt to make this complex area of the law easy to understand. The necessary requirements to form a valid, enforceable contract are discussed, as are the remedies available should there be a breach of the contract. Common contract clauses are explained, and a simple contract is analyzed. An appendix provides samples of common contractual clauses and more. A glossary of terms is also included. The Legal Almanac series serves to educate the general public on a variety of legal issues pertinent to everyday life and to keep readers informed of their rights and remedies under the law. Each volume in the series presents an explanation of a specific legal issue in simple, clearly written text, making the Almanac a concise and perfect desktop reference tool. All volumes provide state-by-state coverage. Selected state statutes are included, as are important case law and legislation, charts and tables for comparison.