Law to Fact

Law to Fact is the renown podcast for law students where substantive legal issues are discussed with distinguished law professors from across the nation. Today, it is the go to place for all things law including course material, application tips, study strategies, and career advice—all packed into one podcast. Law to Fact is hosted by Professor Leslie Garfield Tenzer of the Elisabeth Haub School of Law at Pace University.

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Law to Fact

Consideration in Contracts

February 18, 2020 • Wayne Barnes, Professor of Law at Texas A & M School of Law • Episode 98

In this episode...
Professor Wayne Barnes, Professor of Law at Texas A & M School of Law and a lecturer with Kaplan Bar Prep explains consideration in contracts.

Some key takeaways...

Consideration is a bargained-for exchange
The promisor must receive something of value in exchange for his promise
The thing of value can be a return promise or performance.

About our guest...

Professor Wayne Barnes teaches and writes about contract law. His scholarly interests focus on contract law, including the implications of contract theory for ascertaining assent by consumers to standard form contracts. He has especially focused on such assent to form contracts in the online Internet context, and the implications of the online environment for the contracting process. He is a co-editor of the student edition of the venerable White & Summers treatise on the Uniform Commercial Code, the Learning Core Commercial Concepts coursebook by West Academic, and The Short & Happy Guide to Secured Transactions. Prior to joining the faculty at Texas A&M, Professor Barnes practiced law for eight years in commercial litigation, creditors’ rights and bankruptcy, first at a law firm in Amarillo, Texas, and later at a large Dallas law firm. He is also the lead national Kaplan lecturer for Contracts and the Uniform Commercial Code, and also lectures for PMBR on MBE preparation.
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This episode is sponsored by Kaplan Bar Review. Getting ready for the bar exam means you’ll need to choose the study program that’s right for you. Kaplan Bar Review will get you ready to take on test day with confidence by offering $100 off live and on-demand Bar Review with offer code Leslie100.

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