A study of judicial decisions construing and applying the federal antitrust laws ( i.e., Sherman, Clayton, Robinson-Patman, and Federal Trade Commission Acts) to the control of the competitive process in the American economy.

Prerequisites: Corporations

This seminar will cover the major debates in corporate law scholarship and policy, such as whether corporations should maximize profits or consider social welfare, whether corporations are distinct entities or just a nexus of relationships among various economic actors, and whether stock options are a valuable or detrimental form of executive compensation, among others.

The study of civil wrongs for which the common law provides a remedy in the form of an action for damages. Topics include how accident losses are distributed; the role of trial judge, jury, and appellate judiciary; the language of negligence; and intentional wrongs.

An introduction to the basic foundations of enforceability of contractual arrangements: formation, performance, breach and damages, rights of third parties, conditions, Statute of Frauds, and assignments. Inquiry is made into the historical developments of contract law and nineteenth-century notions of the doctrine of consideration in light of developing twentieth-century concepts and alterations. Economic aspects of the subject are considered along with modern statutory developments, including the Uniform Commercial Code.