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In analyzing contract modifications under the pre-existing legal duty rule, it's essential to understand that a traditional enforceable contract requires three elements: offer, acceptance, and consideration. Previous discussions have covered how a valid offer is formed and accepted, along with the role of consideration in supporting the agreement. Once these elements establish a contract, the focus shifts to what happens when the parties wish to modify it. Modifications involve changes to an existing enforceable contract, prompting the need to assess the implications under contract law. Understanding these aspects is crucial for addressing contract modification scenarios effectively.
