Business Law I:

26. Provide examples of typical offers and acceptances

28. Provide an example of a contracting party offering consideration by doing something that he or she is not legally required to do.

31. Provide an example of an agreement that would need to be in writing to be enforceable.

35. Proper Form For many years the law has required that certain kinds of contracts, such as those involving $500 or more, be in writing to be enforceable. Should the amount of $500 be increased to reflect the effects of inflation?