In this episode, Ryan and Luke look at some contract fundamentals: offer, acceptance, and consideration. They also briefly reflect on the recent Senate Judiciary hearings and what what it means for our system of democracy. Take a listen!
Resources:
See generally Hawkins v. McGee, 146 A. 641 (N.H. 1929) (discussing the contractually binding effect of a guarantee).
See generally Lucy v. Zehmer, 84 S.E.2d 516 (Va. 1954) (explaining the objective nature of contract formation).
See generally Ardente v. Horan, 366 A.2d 162 (R.I. 1976) (noting that a conditional acceptance constitutes a counteroffer).
See generally Hamer v. Sidway, 27 N.E. 256 (N.Y. 1891) (discussing whether refraining from a particular behavior can constitute consideration in a contract).
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