Offer Flashcards
1
Q
Offer requirements
A
outward manifestation + acceptance will conclude deal
2
Q
UCC Firm offer
A
irrevocable –> offer made by merchant + writing signed by merchant + expressly stating held open
3
Q
Consideration
A
promise supported by consideration if bargained for exchange
4
Q
Promissory estoppel
A
Promise + foreseeable reliance + actual reliance + injustice would result