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Contract Creation and Enforcement

Understanding the requirements of creation, performance, and enforceability of contracts is a critical skill for effectiveness in the business environment. This contract paper is intended to demonstrate comprehension and ability to apply these essential contractual elements and factors.

Write a 3- to 4-page paper in which you:

  • Identify the elements essential to be present for a valid and enforceable contract to be formed.
  • Analyze the significant factors and characteristics of each of the described elements, and why each is essential to be present for contract validity.
  • Define the concepts of void and voidable contracts that result when any of the elements required for validity is missing, which missing elements render the attempted contract void, and which missing elements render it voidable.
  • Describe the difference between express and implied contracts, the characteristics of each, and the implications of the differences in the business world.
  • Describe the implications of the Statute of Frauds for the enforceability of contracts.
  • Analyze the principles of legal and equitable remedies for breach of contracts.


Please make sure it is 3-4 pages with references in APA format. Thanks




 


 

Identify the elements essential to be present for a valid and enforceable contract to

 

be formed.

 

The elements to be presented for a valid contract formation include:

 

1.

 

2.

 

3.

 

4.

 


 


 


 

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