This Restatement will focus on aspects of the law unique to consumer contracts and on regulatory techniques that are prominently applied in consumer-protection law with examples from specific statutes and regulations.
Reporters:
Oren-Bar-Gill, Harvard Law School, Cambridge, MA
Omri Ben-Shahar, University of Chicago Law School, Chicago, IL
Florencia Marotta-Wurgler, New York University School of Law, New York, NY
TABLE OF CONTENTS
Section Page
Project Status at a Glance ................................................. xiii
Foreword ............................................................................ xiv
Reporters’ Memorandum .................................................... xv
Reporters’ Introduction ......................................................... 1
§ 1. Definitions, Scope, and Outline ..................................... 9
§ 2. Adoption of Standard Contract Terms ......................... 22
§ 3. Adoption of a Modification of Standard Contract
Terms .................................................................................. 66
§ 4. Discretionary Obligations ............................................ 82
§ 5. Unconscionability ........................................................ 91
§ 6. Deception .................................................................. 118
§ 7. Affirmations of Fact and Promises that Are Part of
the Consumer Contract .................................................... 129
§ 8. Standard Contract Terms and the Parol Evidence
Rule .................................................................................. 137
§ 9. Effects of Derogation from Mandatory Provisions ..... 143
Appendix. Black Letter of Tentative Draft No. 2 .......... 152
Tentative Draft No. 2 contains the entire project (§§ 1-9). The membership voted to approve this draft at the 2022 Annual Meeting, subject to the approved motion to add a new § 2, discussion at the Meeting, and editorial prerogative. This material may be cited as representing the Institute’s position until the official text is published.
TABLE OF CONTENTS
Section Page
Project Status at a Glance ................................................. xiii
Foreword ............................................................................ xiv
Reporters’ Memorandum .................................................... xv
Reporters’ Introduction ......................................................... 1
§ 1. Definitions, Scope, and Outline ..................................... 9
§ 2. Adoption of Standard Contract Terms ......................... 22
§ 3. Adoption of a Modification of Standard Contract
Terms .................................................................................. 66
§ 4. Discretionary Obligations ............................................ 82
§ 5. Unconscionability ........................................................ 91
§ 6. Deception .................................................................. 118
§ 7. Affirmations of Fact and Promises that Are Part of
the Consumer Contract .................................................... 129
§ 8. Standard Contract Terms and the Parol Evidence
Rule .................................................................................. 137
§ 9. Effects of Derogation from Mandatory Provisions ..... 143
Appendix. Black Letter of Tentative Draft No. 2 .......... 152
Tentative Draft No. 2 contains the entire project (§§ 1-9). The membership voted to approve this draft at the 2022 Annual Meeting, subject to the approved motion to add a new § 2, discussion at the Meeting, and editorial prerogative. This material may be cited as representing the Institute’s position until the official text is published.