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hi iamp;#39;m david cameron for todayamp;#39;s two minute tuesday i wanted to talk a little bit about contracts generally and thereamp;#39;s a little bit of a quiz in todayamp;#39;s two minute tuesday i want to give you two different hypotheticals and think to yourself which one of these is a binding contract in the first hypothetical your dear aunt sally decides that because sheamp;#39;s so fond of you she wants to give you 500 next week and you say aunt sally thatamp;#39;s great i really appreciate it can you put it in writing for me and so aunt sally says fine she writes up a very formal contract she has docHubd she has a witness she signs it herself and youamp;#39;re all set to go in the second hypothetical youamp;#39;re at a bar with a friend and your friend says hey iamp;#39;m running a little low on cash right now if you buy me a beer today iamp;#39;ll happily pay you ten dollars tomorrow and the question is which of these hypotheticals is a binding contract in the s