Class 23 · Nov 17 (Tue)

Mid-Year Review I — Formation + Consideration

A study-guide pass over the fall arc: offer, acceptance, and the bargained-for exchange.

Module IV: Mid-Year Review I — Formation + Consideration · Fall 2026

Ready

By the end of this class, you can

This is a review day, not a new-doctrine day. We pull the first half of the fall arc — formation and consideration, Modules I through III — onto one map and run unseen fact patterns through it. Nothing new is assigned; everything below points you back to material you have already seen.

The fall arc, in one question

Every case from the first half of the course answers a single question: does the law have a promise it will enforce? The doctrines stack as a sequence of gates. A fact pattern that fails an early gate never reaches the later ones.

  1. Is there a promise? R2d § 2 — a manifestation of intention that justifies a specific promisee in understanding that the speaker has committed to a specified act. Pappas v. Bever fails here; Steinberg and Lucy v. Zehmer clear it.
  2. Is there mutual assent? R2d §§ 17–24. Offer versus invitation to deal (Lefkowitz, Leonard v. PepsiCo), the objective theory (Lucy v. Zehmer), and material misunderstanding as a no-formation rule (Raffles v. Wichelhaus, R2d § 20).
  3. Did acceptance happen, and when? R2d §§ 50, 58, 63 and the mailbox rule; UCC § 2-207 when forms cross (Flender).
  4. Is the promise supported? R2d § 71 — bargained-for exchange (Hamer v. Sidway, Pennsy Supply) — or, where there is no bargain, a non-bargain basis: promissory estoppel (R2d § 90; Ricketts v. Scothorn, Conrad v. Fields) or the moral-obligation line (R2d § 86; Mills v. Wyman, Webb v. McGowin).

What to review, and where it lives

How to use this class

Bring the fall as a single map, not thirteen separate chapters. We will run cold-call fact patterns through the gates above and stop at whichever one controls. Come ready to state a rule by its section number and to name the gate at which a given case fails. You may be called.

Class 24 picks up the second half of the map: the Module IV defenses that override a contract once it is formed.

Slide deck

Open slides for Class 23 →

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Rules

Cases