Please help me fill in What are the 3 ways a party to a Contract can provide Consideration to the other side of the contract Consideration must have Adequate value in order to be acceptable TRUE OR FALSE Consideration must be Legally sufficient in order to be acceptable TRUE OR FALSE Explain the difference between Adequacy of Value of Consideration and Legal Sufficiency of Consideration A Unilateral Mistake voids out a contract True or False Courts will generally refuse to enforce a Contract if it does not include each side having to give up some legal right to do or not to do something, otherwise called An advertisement in a newspaper may be a valid offer which is binding when accepted by a customer who comes into the store True or False, Why Joe offers to buy a computer from Sam for $500 Sam agrees The Computer is worth $2,500 Sam later decides he will not go through with the deal and is sued by Joe Sam argues to the Court that the $500 is just no way a fair price for the computer and so the Court should not enforce the deal Will the Court enforce the deal or not Why or why not Consideration can be forbearance meaninggiving In order for Consideration to be acceptable from a party, that party must incur Actual Detriment in the providing of that Consideration TRUE OR FALSE Dave agrees to buy a six pack of beer for Jack, a minor if Jack will pay him $10 extra dollars Jack agrees and is willing to go ahead Dave has agreed to do something for Jack and Jack has agreed to pay Dave Each side has agreed to provide Consideration so that there is a valid contract TRUE OR FALSE, why Dean , a neighbor of Rebecca, mowed her lawn since he was a nice guy Later that week, Rebecca told Dean she would pay him $30 for what he did But she never did pay Can Dean enforce the contract Yes or No Why or why not Barbara offered to pay hospital employee, Nurse Jackie, in the hospital, to take good care of Barbara's old father , who was a patient there Nurse Jackie gave very good care to the father Then after the father was discharged from the hospital, recovered, Barbara refused to pay Nurse Jackie Can Jackie sue to enforce the deal they both voluntarily entered into Yes or No , Why Max promised to send $1,000 to Mike within one week as a result of the request of Mike Max failed to keep his promise Was there a breach of Contract Yes or No, Why or Why not Max promised to send $1,000 to Mike within one week as a result of the request of Mike who indicated he needed it to pay a bill before a deadline Max knew that Mike stopped asking anyone else to help him with the $1,000, Mike relying on Max's promise Max failed to keep his promise causing Mike to have to pay a late fee of $200 Can Mike successfully sue Max for the extra fee he had to pay YES or NO, Why or Why not List 4 categories of Classifications List 4 Elements required for a Contract If Able and Baker are in a dispute as to whether Able actually intended to make an offer that could be binding when accepted and they go to court, what instruction will the Court give to the jury as to decide if there was a contract Frank agreed to build a shed for Floyd for $5,000 Floyd agreed Then Frank , reconsidering, told Floyd he wanted an extra $1,000 Floyd agreed Frank built the shed Floyd only paid $5,000 Can Frank successfully sue Floyd for the extra $1,000 consideration promised Yes or No, Why or why not What is an Illusory promise A Promise to give up a right to sue can not be valid Consideration True or False April Einstein agreed to build a computer for June Emptor that would comply with certain specifications, in return for $3,000 When April provided the completed computer to June , June tested out the computer and complained to April that the computer did not have the requested amount of memory April disagreed with that statement June mailed April a check for $2,000 to April marked as Satisfaction in Full April thinking she could always sue for the balance of $1,000 , cashed the check and then sued June for the balance Will April be successful and get a judgment for the balance of $1,000 Yes or No Why or why not April Einstein agreed to build a computer for June Emptor that would comply with certain specifications, in return for $3,000 When April provided the completed computer to June , June tested out the computer all seemed ok June mailed April a check for $2,000 to April marked as Satisfaction in Full April thinking she could always sue for the balance of $1,000 , cashed the check and then sued June for the balance Will April be successful and get a judgment for the balance of $1,000 Yes or No Why or why not April Einstein agreed to build a computer for June Emptor that would comply with certain specifications When April provided the completed computer to June , June tested out the computer and all seemed ok June mailed April a check for $2,000 to April marked as Satisfaction in Full April complained, arguing that they had agreed to $3,000 June argued they had agreed to $2,000 April thinking she could always sue for the balance of $1,000 , cashed the check and then sued June for the balance Will April be successful and get a judgment for the balance of $1,000 Yes or No Why or why not

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Please help me fill in. What are the 3 ways a party to a Contract can provide Consideration to the other side of the contract.

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What are the 3 ways a party to a Contract can provide "Consideration" to the other side of the contract.
Consideration must have Adequate value in order to be acceptable.. TRUE OR FALSE?
Consideration must be Legally sufficient in order to be acceptable. TRUE OR FALSE?__________
Explain the difference between Adequacy of Value of Consideration and Legal Sufficiency of Consideration
A Unilateral Mistake voids out a contract. True or False?
Courts will generally refuse to enforce a Contract if it does not include each side having to give up some legal right to do or not to do something, otherwise called..?
An advertisement in a newspaper may be a valid offer which is binding when accepted by a customer who comes into the store. True or False, Why?
Joe offers to buy a computer from Sam for $500. Sam agrees. The Computer is worth $2,500.. Sam later decides he will not go through with the deal and is sued by Joe. Sam argues to the Court that the $500 is just no way a fair price for the computer and so the Court should not enforce the deal.Will the Court enforce the deal or not? Why or why not?
Consideration can be forbearance meaninggiving...?
In order for Consideration to be acceptable from a party, that party must incur Actual Detriment in the providing of that Consideration. TRUE OR FALSE?
Dave agrees to buy a six pack of beer for Jack, a minor if Jack will pay him $10 extra dollars. Jack agrees and is willing to go ahead.. Dave has agreed to do something for Jack and Jack has agreed to pay Dave. Each side has agreed to provide Consideration so that there is a valid contract. TRUE OR FALSE, why?
Dean , a neighbor of Rebecca, mowed her lawn since he was a nice guy. Later that week, Rebecca told Dean she would pay him $30 for what he did. But she never did pay. Can Dean enforce the contract? Yes or No? Why or why not?
Barbara offered to pay hospital employee, Nurse Jackie, in the hospital, to take good care of Barbara's old father , who was a patient there. Nurse Jackie gave very good care to the father. Then after the father was discharged from the hospital, recovered, Barbara refused to pay Nurse Jackie. Can Jackie sue to enforce the deal they both voluntarily entered into?. Yes or No?, Why?
Max promised to send $1,000 to Mike within one week as a result of the request of Mike. Max failed to keep his promise. Was there a breach of Contract? Yes or No, Why or Why not?
Max promised to send $1,000 to Mike within one week as a result of the request of Mike who indicated he needed it to pay a bill before a deadline. Max knew that Mike stopped asking anyone else to help him with the $1,000, Mike relying on Max's promise. Max failed to keep his promise causing Mike to have to pay a late fee of $200. Can Mike successfully sue Max for the extra fee he had to pay? YES or NO, Why or Why not?
List 4 categories of Classifications
List 4 Elements required for a Contract
If Able and Baker are in a dispute as to whether Able actually intended to make an offer that could be binding when accepted..and they go to court, what instruction will the Court give to the jury as to decide if there was a contract ?
Frank agreed to build a shed for Floyd for $5,000. Floyd agreed. Then Frank , reconsidering, told Floyd he wanted an extra $1,000. Floyd agreed. Frank built the shed. Floyd only paid $5,000. Can Frank successfully sue Floyd for the extra $1,000 "consideration" promised? Yes or No, Why or why not?
What is an "Illusory" promise?
A Promise to give up a right to sue can not be valid Consideration. True or False?
April Einstein agreed to build a computer for June Emptor that would comply with certain specifications, in return for $3,000. When April provided the completed computer to June , June tested out the computer and complained to April that the computer did not have the requested amount of memory.. April disagreed with that statement. June mailed April a check for $2,000 to April marked as Satisfaction in Full. April thinking she could always sue for the balance of $1,000 , cashed the check and then sued June for the balance. Will April be successful and get a judgment for the balance of $1,000? Yes or No? Why or why not?
April Einstein agreed to build a computer for June Emptor that would comply with certain specifications, in return for $3,000. When April provided the completed computer to June , June tested out the computer all seemed ok... June mailed April a check for $2,000 to April marked as Satisfaction in Full. April thinking she could always sue for the balance of $1,000 , cashed the check and then sued June for the balance. Will April be successful and get a judgment for the balance of $1,000? Yes or No? Why or why not?
April Einstein agreed to build a computer for June Emptor that would comply with certain specifications. When April provided the completed computer to June , June tested out the computer and all seemed ok. June mailed April a check for $2,000 to April marked as Satisfaction in Full. April complained, arguing that they had agreed to $3,000. June argued they had agreed to $2,000. April thinking she could always sue for the balance of $1,000 , cashed the check and then sued June for the balance. Will April be successful and get a judgment for the balance of $1,000? Yes or No? Why or why not?