Examine iTunes Terms and Conditions where you click I Agree or the Terms and Conditions of Google mail

1. Provide a copy of the online contract you read (attached to your paper). Please attach the entire contract as a Word Document along with your paper submission on Canvas.

A. Is this contract valid? Identify and describe the 6 elements of a valid contract: Competent Parties, Mutual Agreement, Consideration, Genuine Assent, Legality and Proper Form. Remember to reference specific parts of the attached contract in your answer.

B. Does this contract shift some type of risk from one party to another? Identify and describe at least one item that relates to risk management, e.g., how does the contract shift risks from one party to another and what risk is being shifted?

C. Not Happy About? One of the 5 items should be something you would not be happy about if that part of the contract were actually enforced against you. Remember to reference specific parts of the attached contract in your answer.

D. Happy About? One of the 5 items should be something you consider very important if you were the owner of the company offering the contact. Remember to reference specific parts of the attached contract in your answer.