Contract
Give an example of a contract that you or someone you know entered into (for example, rental agreement, cell phone agreement, property purchase or lease—car, home, furniture, etc.; home or car repair, student loan agreement). Apply the five essential elements of an enforceable contract to your example and answer the following questions:
1. Was the contract successfully fulfilled?
2. Was there a breach of the contract?
3. If so, what remedies were available?
The Paper:
a. Must be two to three double-spaced pages in length (excluding title page and resource page), and formatted according to APA style as outlined in the Ashford Writing Center.
b. Must include a title page with the following:
1. Title of paper
2. Student’s name
3. Course name and number
4. Instructor’s name
5. Date submitted
c. Must begin with an introductory paragraph that has a succinct thesis statement. Statements such as “This paper is about…” or “I am going to tell you…” are not acceptable in college level writing. Simply state your position on the topic clearly and to the point. For example: “I entered into a valid contract with my landlord because the five essential elements of a contract were present.” or, “A contract for cell phone service may be voided if the five essential elements of a contract are not met.”
d. Must address the topic of this paper with critical thought.
e. Must end with a conclusion that reaffirms your thesis.
f. Must use at least one scholarly source.
g. Must document all sources in APA style, as outlined in the Ashford Writing Center.
h. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
Introduction
A contract for the purchase of a cell phone will be considered valid if it has all the five elements of a contract. While entering into a contract to purchase a cell phone from a dealer, my brother had to ensure that the requirements of these elements were met. This was aimed at ensuring that in the event any of the parties to the contract failed to execute its part of the contract, there would have been a way of suing that party for the damages incurred.
Body
There are various features that make the contract valid. The first element is usually the offer. This occurs when one of the parties makes an offer to the other party. In this………………
