Define five essential elements of enforceable contract

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Question

1. Describe an example of a contract that 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).

2. In the description, be sure to provide specific contractual details including parties and subject matter involved.

3. Define the five essential elements of an enforceable contract.

4. Describe how each essential element applies to your example.

5. Explain the circumstances of a breach of contract in the example.

6. Discuss possible remedies.

Reference no: EM133800435

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