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5 Cards in this Set
- Front
- Back
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What factors go to inconsistency of additional/different terms to an offer, and their presence would result in the additional/different terms NOT being included in the contract?
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Economic Material Alteration, shifted risk, and impairment of a remedy
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Elements of an Offer
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Intent, Content, Communication
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Intent def
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to form a present contract here and now; look at state of mind
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Def Illusory Promise
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No consideration; promisor can renege on promise (ie he has control over a condition the promise is dependent on - "I'll buy it if I want," "I'll pay for it if I like it")
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Content def
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essential and definite terms: parties, subject matter, time, price
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