Business Law – 5/11/09

Bellwork: P. 138 Where Do You Stand? 1-2 Q&A 1 Example for Each

Objectives:

  • Identify the 3 requirements of consideration
  • Recognize various forms of consideration

Notebook Work: 8-1 Notes

Classwork:

  • P. 142 1-6 & (7-9 Q&A)
  • Terms:

1.  consideration   
2.  gift      
3.  donor   
4.  donee   
5.  forbearance   
6.  promisor
7.  promisee


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