Lessons » Understanding Contracts

Understanding Contracts

In this lesson, students are asked which of two chocolate bars – one with nuts, one without – they prefer. A single representative is taken from each preference group. These representatives are given the chocolate bar that they prefer less, motivating a contractual trade. One student unknowingly has an empty wrapper, eliciting debate after the trade is completed. The class concludes by discussing possible equitable solutions.

Author: American Bar Association
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