558: Law Every 1L Should Know -- Contract Formation
About this episode
This episode covers the essential elements of contract formation under common law, including offer, acceptance, and consideration, with practical applications.
Welcome back to the Law School Toolbox podcast! This episode is part of the series "Law Every 1L Should Know", and today we're tackling contracts. We cover the three essential elements of contract formation under common law -- offer, acceptance, and consideration -- and apply the rules to a practical fact pattern. Thanks to Juno for sponsoring this episode! If you're thinking about student loans for law school, head to JoinJuno.com to explore your options and see how Juno can help you find a better rate. In this episode we discuss: Overview of contract law Contract formation checklist and rules A fact pattern illustrating contract formation Resources: JoinJuno.com (https://joinjuno.com/) Lucy v. Zehmer (https://www.casebriefs.com/blog/law/contracts/contracts-keyed-to-murphy/the-bargain-relationship/lucy-v-zehmer-2/) Hamer v. Sidway (https://www.casebriefs.com/blog/law/contracts/contracts-keyed-to-farnsworth/bases-for-enforcing-promises/hamer-v-sidway/) Podcast Episode 344: Listen and Learn – Contract Formation (https://lawschooltoolbox.com/podcast-episode-344-listen-and-learn-contract-formation/) Podcast Episode 487: Listen and Learn – Consideration (Contract Law)…
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