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The requirements for a valid offer and a valid acceptance in a bilateral agreement. The difference between a bilateral agreement and a unilateral agreement. Four

  1. The requirements for a valid offer and a valid acceptance in a bilateral agreement.
  2. The difference between a bilateral agreement and a unilateral agreement.
  3. Four types of contracts that must be in writing and then at least four exceptions to the types of contract that don't have to be in writing.
  4. Discuss what primary terms must be in a valid contract, whether in writing or oral, and who is the party to be charged?
  5. What is an "accord and satisfaction" and is consideration required for an accord and satisfaction to be valid?
  6. Define the terms "duty to mitigate", "compensatory damages," "consequential damages", and "waiver of a breach".

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