Restatement of the Law,

Consumer Contracts

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.

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  •  
    Tentative Draft
    Tentative Draft
    154 pages, 2019, #1RCCTD

    TABLE OF CONTENTS

     

    Project Status at a Glance             xiii

    Foreword            xv

    Reporters’ Memorandum              xix

    Reporters’ Introduction  1

    § 1. Definitions and Scope             8

    § 2. Adoption of Standard Contract Terms              18

    § 3. Modification of Standard Contract Terms       53

    § 4. Discretionary Obligations      67

    § 5. Unconscionability     75

    § 6. Deception    99

    § 7. Affirmations of Fact and Promises That Are Part of the Consumer Contract       107

    § 8. Standard Contract Terms and the Parol Evidence Rule 115

    § 9. Effects of Derogation from Mandatory Rules 121

    Appendix. Black Letter of Tentative Draft                129

    The Tentative Draft contains all Sections of the project: Definitions and Scope; Adoption of Standard Contract Terms; Modification of Standard Contract Terms; Discretionary Obligations; Unconscionability; Deception; Affirmations of Fact and Promises That Are Part of the Consumer Contract; Standard Contract Terms and the Parol Evidence Rule; and Effects of Derogation from Mandatory Rules. Section 1 (Definitions and Scope) of the draft was approved by the membership at the 2019 Annual Meeting, subject to the discussion at the Meeting and to the usual editorial prerogative. There was insufficient time to consider the remaining material. The approved material may be cited as representing the Institute’s position until the official text of the entire project is published.

    154 pages, 2019, #1RCCTDE

    TABLE OF CONTENTS

     

    Project Status at a Glance             xiii

    Foreword            xv

    Reporters’ Memorandum              xix

    Reporters’ Introduction  1

    § 1. Definitions and Scope             8

    § 2. Adoption of Standard Contract Terms              18

    § 3. Modification of Standard Contract Terms       53

    § 4. Discretionary Obligations      67

    § 5. Unconscionability     75

    § 6. Deception    99

    § 7. Affirmations of Fact and Promises That Are Part of the Consumer Contract       107

    § 8. Standard Contract Terms and the Parol Evidence Rule 115

    § 9. Effects of Derogation from Mandatory Rules 121

    Appendix. Black Letter of Tentative Draft                129

    The Tentative Draft contains all Sections of the project: Definitions and Scope; Adoption of Standard Contract Terms; Modification of Standard Contract Terms; Discretionary Obligations; Unconscionability; Deception; Affirmations of Fact and Promises That Are Part of the Consumer Contract; Standard Contract Terms and the Parol Evidence Rule; and Effects of Derogation from Mandatory Rules. Section 1 (Definitions and Scope) of the draft was approved by the membership at the 2019 Annual Meeting, subject to the discussion at the Meeting and to the usual editorial prerogative. There was insufficient time to consider the remaining material. The approved material may be cited as representing the Institute’s position until the official text of the entire project is published.

     
  •  
    Discussion Draft
    128 pages, 2017, #1RCCDDE

    Foreword  xiii

    Reporters’ Memorandum  xvii

    Reporters’ Introduction  1

    § 1. Definitions and Scope  8

    § 2. Adoption of Standard Contract Terms  16

    § 3. Modification of Standard Contract Terms  39

    § 4. Discretionary Obligations  48

    § 5. Unconscionability  54

    § 6. Deception  77

    § 7. Affirmations and Promises Not Part of the Standard Contract Terms  84

    § 8. Integrated Agreements  90

    § 9. Effects of Derogation from Mandatory Rules  96

    Appendix - Black Letter of Discussion Draft  105

     

    This draft, submitted for discussion only at the 2017 Annual Meeting, contains the entire project (§§ 1-9). As planned, no vote was taken.