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Episode 04: Bargains and the Objective Theory of Contract
Season 1 · Episode 4

Episode 04: Bargains and the Objective Theory of Contract

Organized: The Business Law Breakdown

August 17, 202416m 0s

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Show Notes

In this episode, we explore the Objective Theory of Contract, which determines whether a contract is formed based on outward actions, not hidden intentions. We break down the classic case of Lucy v. Zehmer and analyze how courts determine if a contract has been formed based on the reasonable interpretation of actions, not private thoughts.