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In this lesson, we continue our discussion on performance, focusing on identifying the requirements of performance under both common law and Article 2 of the Uniform Commercial Code (UCC). We are transitioning from contract formation to performance, specifically examining whether a breach of contract (bdocHub) exists. In analyzing a contract law fact pattern, the initial step is to determine if a traditional enforceable contract is present. Key factors to assess include mutual assent, consideration, potential defenses that may invalidate the contract, and the relevance of the statute of frauds. These elements guide the evaluation of the contract's enforceability and performance obligations.