Contracts enable transactions between different parties who may or may not know each other. Why is it good for society that these transactions take place? Professor Seth Oranburg discusses how the overall value of items and services improves because of the possibility that people can confidently exchange them. Seth Oranburg is Associate Professor of Law at Duquesne University School of Law. As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Subscribe to the series’ playlist: https://www.youtube.com/playlist?list=PLWwcngsYgoUU1K_fK1BEPrzo0skCXeQGk #contractlaw #contract #law #lawschool #lawstudent #no86 https://youtube.com/watch?v=-STb6Y_4wmw