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welcome to our sessions I am Jennifer Heusen in this session I will introduce you to one the basic concept of what a contract is and - an introduction to contract formation in particular we will focus on the principles of offer and invitation to treat now offer an acceptance together is termed agreement but our focus in this lecture will be an introduction to contract and the concept of offer and then contrasting it to the principle of invitation to treat now first starting with a basic concept of what a contract is the layperson would of course say that it is an agreement between two or more persons but that is what will distinguish you the budding lawyer from the layperson because throughout this series you will hear me tell you to go to source now in studying this or any other topic never ever rely solely on what a tutor says or a lecturer says or god forbid what a fellow student says or even what I may say to you check for yourself from source which for you as the law student of co