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The tutorial discusses the essential elements of a valid contract, focusing initially on the concept of an agreement, which necessitates an offer and acceptance. Key components include consideration and intention to create legal relations. The speaker will specifically examine the law regarding offers across multiple videos, beginning with this session that introduces the definition of an offer. An offer is characterized as a willingness to enter into a contract based on specific terms, intended to be binding upon acceptance. The video emphasizes the significance of these specific terms as foundational to the contract. Subsequent videos will involve analyzing related case law.