9. What is acceptance of an Unilateral vs Bilateral Contract • Mirror-Image Rule (Restatement) • Rule for Sale of Goods (UCC) • • Silence with Regard to UCC Exception - Merchants Mailbox Rule • http://thebusinessprofessor.com/mirror-image-rule/ Resource Video: • http://thebusinessprofessor.com/silence-is-not-acceptance-of-an-offer/ Resource Video: • http://thebusinessprofessor.com/mailbox-rule-for-contracts/ Resource Video: • 10. What is consideration in the context of contract formation? Anything of value. • • Types of Consideration Agreement to Refrain Agreement not to Sue Prior Consideration Promissory Estoppel Exception to Consideration Requirement - • Other Exceptions to Consideration Requirement • Option Contracts Firm Offers http://thebusinessprofessor.com/what-is-consideration/ Resource •
9. What is acceptance of an • Unilateral vs Bilateral Contract • Mirror-Image Rule (Restatement) • Rule for Sale of Goods (UCC) • Silence with Regard to UCC Exception - Merchants • Mailbox Rule • Resource Video: http://thebusinessprofessor.com/mirror-image-rule/ • Resource Video: http://thebusinessprofessor.com/silence-is-not-acceptance-of-an-offer/ • Resource Video: http://thebusinessprofessor.com/mailbox-rule-for-contracts/ 10. What is consideration in the context of contract formation? • Anything of value. • Types of Consideration Agreement to Refrain Agreement not to Sue Prior Consideration • Promissory Estoppel Exception to Consideration Requirement - • Other Exceptions to Consideration Requirement Option Contracts Firm Offers • Resource http://thebusinessprofessor.com/what-is-consideration/