What are the elements of consideration? Explain agreements that lack considerat

What are the elements of consideration? Explain agreements that lack consideration.
What is an accord and satisfaction; what is a release?
Explain a covenant not to sue.
What are unilateral and bilateral mistake?
Explain undue influence and duress (distress).
What is the Statute of Frauds – Writing Requirement. Which contracts require a writing? Explain the exceptions to this rule.
Re-read bout Click-on Agreements and Shrink-Wrap Agreements along with Case Example 9.18 on page 174 of the textbook. Have you yourself ever read any on these types of agreements before clicking on the “I agree” tab? Do you think anyone reads these agreements? Isn’t part of the rationale for including onerous terms the realization that no one would be likely to review them? Is it fair or reasonable to hold people to contractual provisions such as the forum agreement on Facebook to resolve all issues with Facebook in Santa Clara, California?
What are your thoughts? What would be a reasonable and workable alternative?
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