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Answer the questions as an absolute for all contracts of law. What body of contract law will control the formation, rights, duties, and remedies of

Answer the questions as an absolute for all contracts of law.

  1. What body of contract law will control the formation, rights, duties, and remedies of this agreement?
  2. Are the four elements of a contract in place?
  3. How is this contract defined? Formal or informal? Executed or executory?
  4. Are there any defenses that make the contract unenforceable?

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