Describe an example of a contract that you or
someone you know entered into (e.g., rental agreement, cell phone agreement,
property purchase or lease [e.g., car, home, furniture, etc.], home or car
repair, or student loan agreement). In your description, be sure to provide
specific contractual details including parties and subject matter involved. You
must also address the following:
·
Define the five essential elements of an
enforceable contract, and demonstrate how each element relates to your example.
·
Explain the circumstances of a breach of contract
in your example, and discuss possible remedies.
The paper must be three to four pages in length
(excluding title and reference pages) and formatted according to APA style as
outlined in the Ashford Writing Center. You must use at least two scholarly
sources other than the textbook to support your claims. Cite your sources
in-text and on the reference page.
