What is a contract? The elements of a contract [No. 86]

Share this & earn $10
The Federalist Society
Published at : 15 Nov 2020
39044 views
60
4

What kinds of agreements are covered by the law of contracts? Professor Richard Epstein of NYU School of Law gives a basic definition, then goes through a variety of transactions, from simple to complex, where contracts with increasing degrees of formality are used. He also discusses the role the law of contracts plays in the greater social order - it allows people to use their specific skills in a more optimal way, creating a net benefit for society.
Professor Epstein is the inaugural Laurence A. Tisch Professor of Law at NYU School of Law, a Senior Fellow at the Hoover Institution, and Professor of Law Emeritus and a senior lecturer at the University of Chicago.

As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

Subscribe to the series’ playlist:
https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_
#fedsocfederalist societyconservative

BLACKPINK - 'How You Like That' M/V

BLACKPINK - 'How You Like That' M/V

Repair blog 001: Changing grill cloth, speakers, casters and repairing handles on a Marshall cab

Repair blog 001: Changing grill cloth, speakers, casters and repairing handles on a Marshall cab

Jordan Peterson - Life is suffering, so get your act together!

Jordan Peterson - Life is suffering, so get your act together!

Roy Orbison - Only The Lonely

Roy Orbison - Only The Lonely

Negroni Solera por Inés de los Santos

Negroni Solera por Inés de los Santos

Big Selection at Toyota Northwest Edmonton

Big Selection at Toyota Northwest Edmonton

Chase Atlantic- Keep It Up (lyrics)

Chase Atlantic- Keep It Up (lyrics)

Puppy can't contain his excitement when owner comes home

Puppy can't contain his excitement when owner comes home

conscience - Molly (prod. ESKRY)

conscience - Molly (prod. ESKRY)

How to Express Speed in English

How to Express Speed in English

The Main Squeeze - No Diggity (Blackstreet)

The Main Squeeze - No Diggity (Blackstreet)

ORBIT Michael Jackson dance

ORBIT Michael Jackson dance

32 Smart DIYs And Crafts For Your Backyard

32 Smart DIYs And Crafts For Your Backyard

WHAT DO YOU DO WHEN YOU LOSE EVERYTHING? | BO SANCHEZ REX MENDOZA SALVE DUPLITO

WHAT DO YOU DO WHEN YOU LOSE EVERYTHING? | BO SANCHEZ REX MENDOZA SALVE DUPLITO

Famous Kids Who Ruined Their Careers

Famous Kids Who Ruined Their Careers

Describing People's Appearance in English - Visual Vocabulary Lesson

Describing People's Appearance in English - Visual Vocabulary Lesson

Quantilizers: AI That Doesn't Try Too Hard

Quantilizers: AI That Doesn't Try Too Hard

The story of American poverty, as told by one Alabama county

The story of American poverty, as told by one Alabama county

What Expenses Can I Claim As a Limited Company? | Crunch

What Expenses Can I Claim As a Limited Company? | Crunch

HEARTBROKEN

HEARTBROKEN

A Mild Christmas Eve|Vlogmas 2020 #24

A Mild Christmas Eve|Vlogmas 2020 #24

Standard: III , Subject: English , Topic: A team of workers

Standard: III , Subject: English , Topic: A team of workers

"Plastic Fan" EP5

"Plastic Fan" EP5

Eachine Tyro119: Build, fly and review.  Supplied by Banggood

Eachine Tyro119: Build, fly and review. Supplied by Banggood

What is Computer Graphics ?

What is Computer Graphics ?

Aaron Smith - Dancin (KRONO Remix)

Aaron Smith - Dancin (KRONO Remix)

JP Saxe - If the World Was Ending (Official Video) ft. Julia Michaels

JP Saxe - If the World Was Ending (Official Video) ft. Julia Michaels

GIRL VOICE TROLLING IN REAL LIFE.. 😂

GIRL VOICE TROLLING IN REAL LIFE.. 😂

IELTS Speaking Score 8.5 – India

IELTS Speaking Score 8.5 – India

BBHMM | THE ROYAL FAMILY VIRTUAL EXPERIENCE - Iconic Edition

BBHMM | THE ROYAL FAMILY VIRTUAL EXPERIENCE - Iconic Edition

Rotring A3 Rapid Drawing Board.wmv

Rotring A3 Rapid Drawing Board.wmv

Модальные глаголы CAN и COULD. Грамматика английского языка. Английский для путешествий

Модальные глаголы CAN и COULD. Грамматика английского языка. Английский для путешествий

5 Things To Consider Before You Start Your 2021 Fitness Journey

5 Things To Consider Before You Start Your 2021 Fitness Journey

I've Grown Accustomed to Her Face

I've Grown Accustomed to Her Face

Evolution of the Personal Computer

Evolution of the Personal Computer

DIVING IN THE CARIBBEAN SEA   A 90 MINUTE UNDERWATER RELAXATION VIDEO

DIVING IN THE CARIBBEAN SEA A 90 MINUTE UNDERWATER RELAXATION VIDEO

Count Number of Visitors (Hit Counter) in WebSite using ASP.Net and C#.

Count Number of Visitors (Hit Counter) in WebSite using ASP.Net and C#.

Simple Interest || Introduction (Part-1) ||Quantitative Aptitude|| Common for all Competitive Exams

Simple Interest || Introduction (Part-1) ||Quantitative Aptitude|| Common for all Competitive Exams

Opera in Brief: Madame Butterfly

Opera in Brief: Madame Butterfly

02.04.2019 | Today's topics: *Northam and the undeniable fact that he must resign *the leaking...

02.04.2019 | Today's topics: *Northam and the undeniable fact that he must resign *the leaking...

Every Poison Type Pokemon Explained! | Gnoggin

Every Poison Type Pokemon Explained! | Gnoggin

3 Reasons Why Coding is Important for a Child

3 Reasons Why Coding is Important for a Child

The CORRECT MENTALITY for Attacking and Defending ANY SITE

The CORRECT MENTALITY for Attacking and Defending ANY SITE

How to Tell if a Cannabis Seed is Viable (Good for Germination)

How to Tell if a Cannabis Seed is Viable (Good for Germination)

Wetlook Elena inflatable ring and waves

Wetlook Elena inflatable ring and waves

Skillet - "Feel Invincible" [Official Music Video]

Skillet - "Feel Invincible" [Official Music Video]

Diploma Final year Result 2020 | Diploma Final Semester Result 2020

Diploma Final year Result 2020 | Diploma Final Semester Result 2020

Between Calm and Passion (냉정과 열정사이 OST)

Between Calm and Passion (냉정과 열정사이 OST)

One Direction! The Bushy Beard REACTS to Best Song Ever Live on AGT!

One Direction! The Bushy Beard REACTS to Best Song Ever Live on AGT!