Valid Contract Requirements

Description

  1. What are the requirements for a valid contract? Per the Chapter reading, explain how legally a contract is formed, the elements required and the differences pursuant to common law versus the Uniform Commercial Code. Why is it important to distinguish and identify which applies in business?
  2. Using the NEXIS-Uni Legal Research Database, find and provide one breach of contract case example from your home state in the past 5 years. Be sure to explain the facts of the case, the parties to the lawsuit, the dispute and the outcome and remedies provided by the court. Provide whether you agreed with the court or not. Nexis-Uni link: https://libdatab.strayer.edu/login?url=https://www.nexisuni.com

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