1. Both parties in a civil law case must give the other side their key documents, this is called

2.Lindsey offered orally to sell her racing bike to Tom for $3,500. Tom said he would pay $2,800 if he could borrow the money from his sister and Lindsey agreed and Tom paid her a $300 deposit. Tom came back the next day and told Lindsey he had the money, but Lindsey than changed her mind and refused to sell the bike and gave Tom back the $300. Tom then bought a similar bike from Alex. What does this case NOT illustrate?

options

a. a conditional offer

b. unconscionable transaction

c. a counter offer

d. a major breach of contract

e. Mitigation

3.The legal concept that each party must receive something of value for it to be a valid contract is an example of

options:

a. consideration

b. undue influence

c.A gratuitous promise

d. unconsionable agreement