Question: Identify the two components of a valid agreement between two parties. List and explain the requirements of a valid offer. Which presents the most common

Identify the two components of a valid agreement between two parties.
List and explain the requirements of a valid offer. Which presents the most common problem.
Describe the three responses by the offeree to an offer: accept, reject, counter-offer.
Explain revocation of an offer.
Define the Mirror Image rule/no changes to offer.
Analyze principles pertaining to the "time" and "manner" of an acceptance of an offer. If state, if not stated.
Identify the meaning of contractual "consideration" and the 4 different kinds of consideration.
Explain "unconscionability" and its impact.

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