This course, which is jointly taught with Bar-Ilan University (Israel), takes a comparative approach to the examination of contract law theory and doctrine in Hong Kong and Israel. Hong Kong contract law is firmly rooted in the common law, while Israeli contract law may today be regarded within the civil law tradition. Even as Hong Kong law is strongly influenced by English law, its nuances and unique accents point to the need to examine the values and policies which underpin it. Israeli law, though strongly influenced by the continental jurisprudence, incorporates interesting elements of the common law tradition. By comparing Hong Kong law and Israeli law in selected areas of contract law, students obtain an appreciation of the different premises of a contract law regime located in different legal traditions, and new approaches to problem solving. Often, the differences in approach reveal a surprising similarity in outcomes. This prompts deeper inquiry into the values and policies which drive legal outcomes in any legal system.