Under the Uniform Commercial Code (UCC),all contracts and contract offers must have consideration.

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The Uniform Commercial Code (UCC) changes the legal requirement of consideration in cases of firm offers and of sale-of-goods contracts. The preexisting obligation rule does not apply to a sale-of-goods contract. The UCC states that parties to a sale-of-goods contract may make binding modifications to it without both parties giving new consideration. Under the UCC, the rules of consideration also do not apply to a firm offer.

Under the Uniform Commercial Code (UCC),all Contracts and Contract Offers