1What are the three major elements of a contract? Describe each element and provide an example of each.

5 party A was seeking damages against party B and party B claimed bankruptcy, why might party A try to find an agency relationship between party B and party C (who is a franchisor of party B)?Define an agency relationship.What are the advantages and disadvantages for the agent?What are the advantages and disadvantages for the principal?

6) What is the difference between a tort and a contract?Explain.

8) Define and explain negligence.Provide an example.

9) Define and explain strict liability.Provide an example.

10) Define and explain the difference between terms "assumption of risk" and "contributory negligence'.

11) Negligence contains four elements, what are they and what do they mean?

12) What are the five protected classes under Title VII of the Civil Rights Act of 1964?