Explain necessary to form a legally enforceable contract

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Reference no: EM133560060

Assignment:

Using the concepts from Chapters through 11 of Essentials of Business Law, post a message that identifies and explains the elements necessary to form a legally enforceable contract, selecting one or two of those elements for particular reflection beyond those I've provided in my hints (or that are in the textbook) and amplifying some of the issues that surround those elements. What is the responsibility of each party in determining these elements and when (if ever) would governmental intervention become necessary to balance the interests of the parties rather than simply enforcing the deal they have reached?

Reference no: EM133560060

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