Introduce your reader to the concept of a contract and then take your reader through how a contract is formed making sure to discuss all of the elements of a contract. You will need to discuss EVERY aspect of a contract in great detail. Make sure to discuss factors that might make a contract invalid like capacity or illegal agreements. Use the text and the resources available in the class materials.
–Essential elements of a contract
–the way in which a contract arises and how contracts are classified
–what constitutes an offer
–what constitutes acceptance of an offer
–the ways an offer can be terminated
–what constitutes consideration
For one of the source, please source Anderson\’s Business Law and the Legal Environment,
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