A number of recent studies have explored the consequences of interracial peer effects on the academic and social performance of minority students. This article contributes to that discussion, focusing, however, on perceptions rather than behaviors. The analysis suggests that exposure to white...

A party dissatisfied with the contractual performance of a counterparty is typically able to pursue a variety of legal recourses. Within this apparent variety are two fundamental alternatives. The aggrieved party may (i) 'affirm' the contract and seek money damages or specific performance, or...