Questions from Business Law

Q: What is the difference between an offer for a unilateral contract and

What is the difference between an offer for a unilateral contract and an offer for a bilateral contract? Why might that difference be important to understand?

Q: What is the mirror-image rule?

What is the mirror-image rule?

Q: What is the mailbox rule?

What is the mailbox rule?

Q: Attorneys, journalists, media, and legal and human rights organizations

Attorneys, journalists, media, and legal and human rights organizations brought action against the Central Intelligence Agency, challenging the constitutionality of Section 702 of the Foreign Intellig...

Q: An oral agreement was made between multiple parties to put together some

An oral agreement was made between multiple parties to put together some money and open a bar and restaurant. The men first had to create a joint company. However, one potential owner was not able to...

Q: List the four types of consideration described in the text.

List the four types of consideration described in the text.

Q: What is required to prove promissory estoppel when consideration is missing?

What is required to prove promissory estoppel when consideration is missing?

Q: Can $1 be adequate consideration? Why or why not?

Can $1 be adequate consideration? Why or why not?

Q: List and describe the three exceptions to the preexisting-duty rule

List and describe the three exceptions to the preexisting-duty rule.

Q: List the three elements of accord and satisfaction.

List the three elements of accord and satisfaction.