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Summary
MBE Flashcards In-class activity
MBE Flashcards In-class activity
MBE Flashcards In-class activity
MBE Flashcards In-class activity contract - a promise that the law will enforce offer - 1) Manifestation of intent to K demonstrated by a promise, undertaking, or commitment; 2) Communicated to an identified offeree; and 3) Definite and certain terms Irrevocable offer - 1) Merchant's firm offer under UCC 2) Option contract - consideration given 3) Detrimental reliance Termination by Operation of Law - 1) destruction of subject matter 2) supervening illegality 3) d...
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