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Posted: June 25th, 2023
Prepare a 2- to 3-page document explaining the essential elements of a contract and the applicable remedies
Prepare a 2- to 3-page document explaining the essential elements of a contract and the applicable remedies in the event of a breach.You will need to answer the following questions in your essay...(1) What is required for a valid offer?(2) How can one accept an offer?(3) (a) What is the concept of consideration and (b) what form(s) can consideration take in creating a contract?(4) What factors must be considered in assessing the legal sufficiency of an offer, acceptance, and consideration in determining whether a contract is enforceable?(5) In the event that a contract is formed and subsequently broken, what remedies are available to the non-breaching party under your state's law?As always, please make sure your spelling, punctuation, and grammar are correct, please make sure to reference your sources in APA format.
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