Now that a contract has been made, is it enforceable under the Statute of Frauds?

This episode continues the discussion of what makes a valid contract. Topics covered in this episode include:

-consideration formula

-sufficiency vs. adequacy of consideration

-the pre-existing duty rule

-illusory promises

-gifts

-past or moral consideration

In this episode, your host discusses several topics that fall under acceptance, including:

-general rules of acceptance

-silence or inaction as acceptance

-bilateral and unilateral contracts

-the mailbox rule

-common law's mirror image and last shot rules

-UCC 2-207 and 2-206

This episode discusses the first component of a contract: the offer. This discussion includes:

-general rules

-procedural and substantive terms

-counteroffer vs. mere inquiry

-advertisements as offers

-rewards as offers

-when an offer expires

-effects of mental incapacitation on an offer

-when an offer is irrevocable

Welcome to Basic Contract Law for Students! Hosted by a current contract tutor, this podcast discusses basic contracts topics that both the bar and professors test.

This episode covers several topics, including:

-what a contract is

-objective and subjective standard

-governing law: common law and the Uniform Commercial Code

-predominant purpose test

-damages and specific performance