Contracts are the embodiment of enforceable promises. In order for the court to determine that such a promise should be enforced, it must find the existence of an offer, acceptance of that offer, and some benefit or detriment which induces the parties to so promise, referred to as consideration.
In order for a contract to arise from a promise made, there must be a meeting of the minds. In other words, both parties must be on the same page with regard to how the promise is carried out. The law provides remedies for the breach of some promises even if a contract does not exist between the parties.