一句一行，一段一节： An essential element for contact formation is agreement----the parties must agree on the terms of the contract and manifest to each other their mutual assent to the same bargain. Ordinarily,agreement is evidenced by two events:an offer and an acceptance. An offer is a proposal to form a contrat. The party who proposes is offeror and the other party who receive the proposal is offeree. An acceptance is the offeree's assent to the terms of the offer. 

水平有限，尽量翻译 -0- ：合同能够的形成的一个重要因素就是协议----当事人双方必须取得对合同条款的统一并且双方共同明确赞成合同中相同条款。通常情况下，协议生效需要两个要素：要约和承诺一个要约是一项形成合同的建议。提出建议的一方当事人是要约人，接受建议的一方当事人则是受要约人。承诺表示受要约人同意要约条款。

第二段：Under the common law,an offer is a promise or commitment to do or refrain from doing some specified thing in the future.And three elements are necessary for an offer to be effective.

在普通法中，要约是一项将未来的事情允许或者交付（给另一方当事人）做，或者阻止（另一方当事人）做出（和约中）详细说明的事项。对于要约来说，有三个要素是非常重要的组成部分。

第三段：1，The offeror must have a serious intention to become bound by the offer.Serious intent is not determined by the subjective intentions,beliefs,and assumptions of the offeror but by the party'swords and conduct which are held to mean whatever a reasonable person in the offeree's position would think they meant.This is the objective theory of contracts that courts generally adhere to it comes from a classic case Lucy v.Zehmer in the area of contractual agreement.

1,要约人必须有一个明确的通过要约建立合同的目的。这个明确的目的不是决定于主观的意图、想法或要约人的假设，而是决定于对于当事人的言行的理解，当任何一个具有理性的人站在受要约人的立场上可能会理解的意思。这个是对合同的客观理解，法院通常的坚持来自于某一地区的契约性的协议的判例 Lucy v.Zehmer。----------------------------------------------------------------------楼上第三行“by the party'swords and conduct”，实际应为“party's words”

第三段：The case involves a business transaction in which boasts,brags,and dares "after a few drinks"resulted in a contract to sell certain property.The sellers claimed that the offer had been made in jest and that,in any event,the contract was voidable at their option because they were intoxicated when the offer was made and thus lacked contractual capacity.The court,however,looked to the words and actions of the parties----to determine whether a contract had been formed.