Enforceability of transaction entered into pursuant to referral sales arrangement, 14 A.L.R.3d 1420.
Failure to deliver ordered merchandise to customer on date promised as unfair or deceptive trade practice, 7 A.L.R.4th 1257.
Except as otherwise provided in Articles 3, 4, 5, and 6 of this title, a person gives value for rights if the person acquires them:
(1) In return for a binding commitment to extend credit or for the extension ofimmediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of
difficulties in collection;
(2) As security for, or in total or partial satisfaction of, a preexist-
ing claim;
(3) By accepting delivery under a preexisting contract for pur-
chase; or
(4) In return for any consideration sufficient to support a simple
contract.