Setting the standard of excellence with its teachability, this classic casebook provides a focused and self-contained course on contract law. It covers the evolution of modern contract law and its history and remedies, the customary distinction between rules and standards as devices for legal governance, and the ongoing competition between the reliance idea and contract law's formal doctrines. The forward-thinking eighth edition gives greater attention to such subjects as arbitration as a substitute for litigation, contract-formation problems arising from new technology, and the Uniform Commercial Code's Article 2, whose innovations are increasingly seen by courts as a source of general contract law. This edition also more closely tracks the increasing relevance of contract law to at-will employment, the relationship of contract and tort, and the expanding technique of the implied contract.