Elements of a Contract

Elizabeth Keenan

BUS670: Legal Environment (MOD1507B)

Keysha Knights

March 2, 2015

Every person has an agreement procures rights and obligations in respect to the rights and duties of alternate individual. While all individuals might expect a reasonable profit from the agreement (contract) it does not take after that every individual will advantage to an equivalent extent. In this assignment, I will be describing and breaking down the five components of an agreement that must exist for this consent to be enforceable. Clarify why this agreement is administered by regular law or the Uniform Business Code (UCC). Analyze no less than two circumstances in which this non-contend understanding would be unenforceable.

A contract is a willful, conscious,...