As per the UCC law of sales, contract modifications do not require considerations

Under the Secured Transactions Article of the UCC, a secured party generally must comply with each of the following duties except:

A. Filing or sending the debtor a termination statement when the debt is paid. B. Confirming, at the debtor's request, the unpaid amount of the debt. C. Using reasonable care in preserving any collateral in the secured party's possession. D. Assigning the security interest to another party at the debtor's request.

The major DISADVANTAGE of the Free Cash Flow to the Firm method (and DCF methods in general) is that it is based on sound time value of money principles,

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