Action on Account

$250.00

📘 Action on Account — Common Law and Statutory Principles of Open Accounts

🧭 Course Overview

This class explores the common law and statutory framework of the action on account, an essential commercial remedy for recovery of sums due from mutual or successive transactions between parties. This Class examines open accounts, book accounts, and related procedural forms as they appear in modern civil practice.

Participants study how open accounts differ from contracts, how pleadings and proofs are structured, and how courts determine liability, burden of proof, and defenses under both common law and statutory regimes.

🎓 Learning Outcomes

By the end of this course, students will be able to:

  1. Define “action on account” and distinguish between open accounts, book accounts, and accounts stated within the broader framework of contract law.
  2. Identify statutory and procedural requirements governing declarations, petitions, and proofs, including the attachment of itemized statements or invoices to pleadings .
  3. Explain evidentiary standards and burdens of proof, including how plaintiffs establish correctness, reasonableness of charges, and performance, and how defendants assert credits or affirmative defenses .
  4. Analyze common defenses and counterclaims, such as payment, setoff, and lack of consideration, and evaluate how courts assess these at trial .
  5. Apply rules governing variance, pleading, and admissibility of evidence to determine when a case can proceed on an open account versus an account stated .
  6. Interpret judicial reasoning in cases involving directed verdicts, jury questions, and statutory time limitations under modern procedural codes .

🧩 Topics Covered

  • Definition and scope of open and book accounts
  • Pleading requirements and itemized statements
  • Burden and mode of proof
  • Admissibility and sufficiency of evidence
  • Defenses and counterclaims
  • Trial, verdict, and judgment in account actions
  • Statutory nature of book debt remedies

📚 Format & Materials

  • Delivery: Lecture and case analysis with guided readings from statutory and common-law authorities
  • Duration: 8 Classes | Self-paced study

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Description

📘 Action on Account — Common Law and Statutory Principles of Open Accounts

🧭 Course Overview

This class explores the common law and statutory framework of the action on account, an essential commercial remedy for recovery of sums due from mutual or successive transactions between parties. This Class examines open accounts, book accounts, and related procedural forms as they appear in modern civil practice.

Participants study how open accounts differ from contracts, how pleadings and proofs are structured, and how courts determine liability, burden of proof, and defenses under both common law and statutory regimes.

🎓 Learning Outcomes

By the end of this course, students will be able to:

  1. Define “action on account” and distinguish between open accounts, book accounts, and accounts stated within the broader framework of contract law.
  2. Identify statutory and procedural requirements governing declarations, petitions, and proofs, including the attachment of itemized statements or invoices to pleadings .
  3. Explain evidentiary standards and burdens of proof, including how plaintiffs establish correctness, reasonableness of charges, and performance, and how defendants assert credits or affirmative defenses .
  4. Analyze common defenses and counterclaims, such as payment, setoff, and lack of consideration, and evaluate how courts assess these at trial .
  5. Apply rules governing variance, pleading, and admissibility of evidence to determine when a case can proceed on an open account versus an account stated .
  6. Interpret judicial reasoning in cases involving directed verdicts, jury questions, and statutory time limitations under modern procedural codes .

🧩 Topics Covered

  • Definition and scope of open and book accounts
  • Pleading requirements and itemized statements
  • Burden and mode of proof
  • Admissibility and sufficiency of evidence
  • Defenses and counterclaims
  • Trial, verdict, and judgment in account actions
  • Statutory nature of book debt remedies

📚 Format & Materials

  • Delivery: Lecture and case analysis with guided readings from statutory and common-law authorities
  • Duration: 8 Classes | Self-paced study