Business Law Notes August 2 Page B 4 Section 2 207 Additional Terms in Acceptance or Confirmation What happened when parties reach an agreement in principle and something happens before the writing is put together Are they bound or can one of the parties go for a better deal What Texaco did interfered with Penzoil s contract Chapter 12 Start with the assumption things that don t have legal value we don t want to be enforcing them except gratuitous or free promise enforced not as a contract but as a reliance Gottlieb case She sues for fraud or breach of contract she has to first prove that there s a contract so she has to argue that there was consideration
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