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In this lesson, the focus is on understanding performance in contract law, particularly under common law and Article 2 of the Uniform Commercial Code. The discussion involves transitioning from contract formation to performance, specifically determining if a "bdocHub" of contract exists. The analysis starts with verifying if a traditional enforceable contract is present by evaluating key factors: mutual consent, consideration, potential defenses that could invalidate the contract, and whether the statute of frauds applies. This foundational understanding is crucial for assessing contract law fact patterns and addressing relevant legal questions effectively.