Offer Flashcards

1
Q

Offer requirements

A

outward manifestation + acceptance will conclude deal

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2
Q

UCC Firm offer

A

irrevocable –> offer made by merchant + writing signed by merchant + expressly stating held open

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3
Q

Consideration

A

promise supported by consideration if bargained for exchange

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4
Q

Promissory estoppel

A

Promise + foreseeable reliance + actual reliance + injustice would result

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