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Your answer to each questionshouldbenomorethan2-3paragraphs.Pleasenote:While somequestionsmayseemliketheyhaveaquickandshortanswer,Iwouldencourageyou todevelopyouranswer, ensureyouransweriscompleteandthatyouhaveanswered all partsof thequestion.
• Your responses MUST be in your own words and you therefore do not need to cite to any resources in your answers.However, ifyoudirectlyquoteasourceforanyreason-you MUSTprovideacitation.
Explanation & Answer
Running Head: ELEMENTS OF A CONTRACT
Elements of a Contract
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1
ELEMENTS OF A CONTRACT
2
There are basic requisite elements that make up a valid and enforceable contract. The first
element of a contract is the intention to create a legal relationship whereby the contracting parties
must be able to demonstrate their intentions of creating a valid and legal contract. This therefore
means that if one signs a contract for any business, then he or she is able to sue the other party to
the c...
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