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Contracts are part of everyday life. What are the necessary parts of a contract and what are the consequences and/or some defenses for not adhering

  1. Contracts are part of everyday life. What are the necessary parts of a contract and what are the consequences and/or some defenses for not adhering to a contract? Give at least two (2) examples of contracts that you are under (have been under) and the impacts of same. How do you view contracts will impact your chosen career? Has your opinions/thoughts changed on the importance of contracts during this semester?

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