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Source Promissory Estoppel Complete Contracts and UCC Article 2 List Matched to this deck.

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A manufacturer signed an agreement with a parts supplier stating, "Supplier promises to sell circuit boards to Manufacturer at $10 each for one year. Manufacturer promises to buy as many circuit boards as Manufacturer may choose to buy, if any, in Manufacturer's sole discretion." The manufacturer never ordered any boards. The supplier sues, arguing that the manufacturer's promise was consideration.
Which statement is most accurate?

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The buyer's promise is consideration because a written promise can never be illusory. The buyer's promise is consideration only if the buyer later orders more goods than expected. The buyer's promise is consideration because all quantity terms are unnecessary under Article 2. The buyer's promise is illusory if the buyer reserved complete discretion to buy any quantity or no quantity at all based solely on whim.

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