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Requirement of a Bargained Exchange 68
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action Adhesion Contracts agreement agrees ance anticipatory repudiation apply assent assignment assignor Assume avoid B's promise bargained exchange basis beneficiary bilateral breach buyer common law communication consideration contract law contractor counter-offer court creditor defense delegation determine detrimental reliance discharge duty to pay duty to perform effective enforceable excused fact faith formance frustration of purpose Hornbook illusory promise infra intention interpreted involve irrevocable jurisdictions legal detriment liability manifestation meaning ment misrepresentation mistake obligation obligor offer offeree offeree's offeror oral ordinarily parol evidence rule payment person presently bound prior Professor of Law promise to pay promise to perform promisor provides quasi-contract reason to know rejection remedy rendered requirement Restatement result return promise revocation revoke rule sell seller simply situation Statute of Frauds supra terminated third party third party beneficiary tion tort tract transaction U.C.C. Section unenforceable unilateral contract University writing