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Originally Posted by Wid_Conroy
there was no consideration.
everyone claims their word is "Strong as oak' like the guy from Jerry Maguire. That is, until circumstances change and they too will change their mind.
this is why the world invented contracts.
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Consideration is something that is promised. It doesn't only become consideration when it's actually delivered. Otherwise we'd have no system of contracting.
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As a seller, I've had buyers come to me with similar offers. What I'll typically try to say is, I will accept your offer at that time, IF I still have the card by then.
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Exactly. That's how you avoid creating a binding agreement.