Contracts Law for the Business Professionals

This audiobook is narrated by a digital voice. If you are a law student or are an entrepreneur looking to learn contracts so you can write your own, it’s important to have a solid foundation in your understanding of the basic formation of a contract. A contract is formed when the parties to the contract can contract, an offer is made, and that offer is certain, definite, unambiguous, and demonstrates to a reasonable person that an offer is being made. That offer must be accepted in a timely and authorized means. An acceptance must be unequivocal and mirror back the same terms. There must also be a meeting of the minds, a mutuality of accent. Each party must have the same understanding of the terms of the contract. There must also be a quid pro quo – something for something of value bargained for and given in exchange. This is known as consideration. Consideration is what each party is bargaining for. When there has been a valid offer and acceptance and there is something of value bargained for and given in exchange, there must also be a total meeting of the minds whereby each party understands their duties and liabilities and demonstrates an intent to be contractually bound. After that, it’s a matter of understanding any remedies that may be available in the event of a breach of the contract. It appears that it is next to impossible to find a book on contract law that is not watered down, and teaches Contracts Law at the same level it is taught in traditional brick-and-mortar American law schools. This is the level of contract law they don't want you to have access to.