Contract law video lectures

  • What are the 5 essential elements of a contract?

    The Nature of a Contract
    To be legally enforceable, an agreement must contain all of the following criteria: An offer and acceptance; Certainty of terms; Consideration; An intention to create legal relations; Capacity of the parties; and, Legality of purpose..

  • What are the 7 requirements of a contract?

    Lesson Summary.
    A contract is a legal agreement between two or more parties in which they agree to each other's rights and responsibilities.
    Offer, acceptance, awareness, consideration, and capacity are the five elements of an enforceable contract..

Sep 18, 2020Why do we need contracts? Professor Richard Epstein of New York University School of Law
Duration: 41:15
Posted: Sep 18, 2020

Are You exposed to contracts?

We are exposed to contracts in all areas of our life — agreeing to terms when downloading a new computer program, hiring a contractor to repair a leaking roof, and even ordering a meal at a restaurant

How can legal practices use contract management software?

Legal practices can make use of contract management software to centrally manage their various legal contracts

You may unknowingly enter hundreds of contracts a year, for example, in buying groceries from a supermarket, you have entered into a contract for the exchange of money in return for goods


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