Term Papers: Determine whether a contract exists. If all of the essential elements are present, then a contract exists. If one or more of these elements is missing, then a contract has not been formed.
All four of these elements must be present to have a contract (Agreement, Consideration, Capacity, and Legality). Determine whether a contract exists. If all of the essential elements are present, then a contract exists. If one or more of these elements is missing, then a contract has not been formed.
Write a word paper that identifies the four essential elements of a contract, describes how each element has or has not been met by the facts presented in the case, and determines whether a contract exists.