Chapter 9 - Consideration and cyber-payments. After completing this chapter, students will be able to: Define the term consideration, identify the different types of detriment, explain the characteristics necessary for valid consideration, define the term unconscionable, explain whether a promise not to sue can be consideration,. | Business Law with UCC Applications,13e Consideration and Cyber-Payments Chapter 9 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Define the term consideration. Identify the different types of detriment. Explain the characteristics necessary for valid consideration. Define the term unconscionable. Explain whether a promise not to sue can be consideration. Learning Objectives Explain whether a charitable pledge can be consideration. Define accord and satisfaction. Identify those enforceable that lack consideration. Explain promissory estoppel. Describe the issues involved in cyber-payments Consideration and Cyber-Payments Requirements of Consideration The Nature of Consideration The Characteristics of Consideration Consideration and Cyber-Payments The Characteristics of Consideration Bargained-for Exchange Adequacy of Consideration Legality of Consideration Consideration and Cyber-Payments Types of Consideration Money | Business Law with UCC Applications,13e Consideration and Cyber-Payments Chapter 9 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives Define the term consideration. Identify the different types of detriment. Explain the characteristics necessary for valid consideration. Define the term unconscionable. Explain whether a promise not to sue can be consideration. Learning Objectives Explain whether a charitable pledge can be consideration. Define accord and satisfaction. Identify those enforceable that lack consideration. Explain promissory estoppel. Describe the issues involved in cyber-payments Consideration and Cyber-Payments Requirements of Consideration The Nature of Consideration The Characteristics of Consideration Consideration and Cyber-Payments The Characteristics of Consideration Bargained-for Exchange Adequacy of Consideration Legality of Consideration Consideration and Cyber-Payments Types of Consideration Money as Consideration Property and Services as Consideration Promises Not to Sue Charitable Pledges Consideration and Cyber-Payments Problems with Consideration Disputed Amounts Undisputed Amounts Consideration and Cyber-Payments Agreements without Consideration Enforceable Agreements Unenforceable Agreements Consideration and Cyber-Payments Enforceable Agreements Promises under Seal Promises after Discharge in Bankruptcy Debts Barred by Statutes of Limitations Promises Enforced by Promissory Estoppel Option Consideration and Cyber-Payments Unenforceable Agreements Preexisting Duties Past Consideration Illusory Promises Future Gifts and Legacies Consideration and Cyber-Payments Cyber-Payment Tactics and Concerns Cyber-Price and Competition Cyber-Payments and Cyber-Contracts Consideration and Cyber-Payments Cyber-Price and Competition Cyber-Price Shopping Cyber-Shopping Costs Cyber-Shopping and the Law Consideration and Cyber-Payments Cyber-Payments and Cyber-Contracts Cyber-Payment Options
