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In this lesson, the focus is on identifying performance requirements under common law and Article 2 of the Uniform Commercial Code (UCC). It serves as a refresher on contract analysis, transitioning from contract formation to performance. The discussion emphasizes determining if a legally binding contract exists. Key questions include whether there is a traditional enforceable contract, examining elements like mutual consent, consideration, potential defenses to contract validity, and the applicability of the statute of frauds. This groundwork is crucial to establish if there is a breach of contract (BdocHub) when analyzing a fact pattern in contract law.