Contracts are fundamental to modern business, and understanding the law governing them is critical to success. In this lecture delivered before the Association of American Government Accountants, John Mason Brown dives into the core principles of contract law, exploring formation, interpretation, and performance. This book is a key resource for anyone looking to master the law of contracts. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.