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Critical Thinking Questions Case 8-1 You are the assistant to the director of an organization that publishes an informational Web site for elementary school teachers. The director tells you that the organization is now ready to expand its Web site offerings to include an informational site for middle school teachers. He asks you to work with a Web designer to come up with the best approach to creating the new Web site. In your first meeting with the Web designer, you ask how to make certain that each of the pages at your new site maintains the site's common look and feel. The Web designer suggests that ____.
Real Obligation
A legal obligation that is tied to a specific property, requiring the fulfillment of some duty relative to that property.
Unilateral Contract
A contract in which one party makes a promise in exchange for the other party's act, rather than a promise in return.
Gratuitous Promise
A promise made without requiring some benefit or thing of value in return; not enforceable as a contract because it lacks consideration.
UCC
The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, intended to standardize and simplify the law across jurisdictions.
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