Assume that the jurisdiction has adopted the WCC's formula for damages, and otherwise the Restatement Second of Contracts and the common law as expressed in Kessler, Gilmore, Kronman on Contracts. Pick one of the following and answer it. In answering the question, synthesize as much from the course as possible. That means, use similar examples to illustrate your point. The more you synthesize, the better the grade.
Contract law has no eyes for status.
It treats everyone equally. Everyone equally can be a contracting party, and everyone equally enjoys the benefits, and suffers the burdens, of contract law. A well ordered society requires publicity of its rule makers. The rule makers must be clear in the rules they are applying, and must make public the rules they are applying. This is especially true in the domain of contract law, where parties to a contract are effectively self-legislators using contract law to legislate for themselves.