Contracts

Contracts are legally enforceable bargains.  The bargain is formed by offer and acceptance. 

Typically, the bargain is legally enforceable only if there is “consideration” for the promises involved in the bargain. 

When a party breaches a legally enforceable bargain, the typical remedy is the payment of monetary damages by the breaching party. 

Tutorial 1:    Offer and Acceptance

Tutorial 2:    Consideration

Tutorial 3:    The Expectation Measure of Damages