1.	In the context of an offer, how are intent and its seriousness determined?

2.	Why must a contract have “reasonably definite terms” and how “definite” must the terms be?
3.	Why must the offer be communi¬cated to the offeree?

4.	How do parties terminate an offer?
5.	What situations limit an offeror’s right to revoke?
6.	Who may accept an offer?

7.	What is unequivocal acceptance?

8.	a .In what contractual situations must acceptance be communicated?
b. In situations requiring the communication of acceptance, when and how must
acceptance be com¬municated?

9.	What is consideration?

10.	What are the elements of consideration?

11.	What is “adequacy of consideration”?

12.     In the case of Hammer vs. Sidway 124 NY 538 (1891) the concept of Consideration was defined by the New York State Supreme Court.  Please research any  other case     in consideration  and provide a brief of the  selected case. The brief must be at least 200 words in length.


13.  What is a pre-existing duty? b. Can a preexisting duty satisfy the requirements of
      consideration?  Why or Why Not?  c. What are some of the exceptions to the preexisting
     duty rule?
14. What is the Statute of Frauds? How is the S.O.F. used in contract law, provide an example.