This lesson assumes you are familiar with the requirement of consideration. Specifically, it assumes familiarity with the rule that ordinarily, a promise is legally binding only if that promise is supported by consideration. The topic of this lesson is one of the exceptions to this general rule. Historically, one situation where consideration was not required […]

This lesson takes a look at the the Mailbox Rule. The offeror, as master of the offer, may insist that the offeree accept by means of the mail (or some similar form delivery, such as e-mail). Alternatively, the offer may not specify a means of acceptance and the offeree may decide to use the mail, […]

This exercise deals with offer, an essential element of the bargaining process. At common law, in order for a contract to be binding on the parties, the terms must be sufficiently definite or the contract will fail. This lesson explores the boundaries of the doctrine of indefiniteness. via Indefiniteness | Center for Computer-Assisted Legal Instruction.

In this podcast, Prof. Martin provides advice to students studying acceptance, the mirror image rule and the problem of the Battle of the Forms. Prof. Martin’s podcast expands on her coverage of this topic in her CALI lesson Battle of the Forms (UCC 2-207). [audio:http://www.cali.org/lessons/podcasts/JenniferMartin_UCC2207.mp3] via Battle of the Forms (UCC 2-207) PodCast | Center for […]

This lesson deals with the problem created by the Battle of the Forms. At common law, the mirror image rule requires an acceptance to be exactly like the offer. The rule is reversed under the Uniform Commercial Code, however. Under UCC § 2-207, an acceptance is still an acceptance even though it states different or […]

This lesson deals with the formation of contracts under Article 2 of the Uniform Commercial Code (excluding 2-207 issues). At common law, a contract is formed often by the showing of mutual assent plus a consideration. The rule is reversed under the Uniform Commercial Code, however. Under UCC 2-204, a contract can be formed in […]

This lesson deals with one aspect of contract formation, acceptance. Acceptance is the manifestation of assent that is made by the offeree in response to an offer. In this lesson, you will learn how a party can accept an offer at common law. The lesson takes up issues such as the manner of acceptance, who […]

This lesson deals with option contracts and firm offers, both of which result in irrevocable offers. The existence of an offer is often an essential element of the bargaining process. Although most offers are revocable, sometimes the offeree’s power of acceptance is irrevocable through the formation of an option contract. This lesson will look at […]

This lesson deals with the duration of offers. The existence of an offer is often an essential element of the bargaining process. Sometimes the offeree’s power of acceptance will end so that the offer is no longer valid. This lesson will look at termination of the power of acceptance by termination, revocation and counteroffer, rejection, […]

This exercise deals with offer, an essential element of the bargaining process. There are basically three requirements to establish an offer: (1) intent; (2) definiteness; and (3) communication to the offeree. via Offer | Center for Computer-Assisted Legal Instruction.