Explain the concept of consideration. Describe the rules regarding consideration. Explain how the UCC rules regarding consideration are different from the common law rules regarding consideration. Explain the legal effect of a lack of capacity on a persons ability to enter into a contract. Describe the circumstances under which a party would have limited capacity to enter into a contract. Explain the legal effect of entering into a contract for an illegal purpose. Action Items Research the differences between United States and Saudi Arabian contracts with regard to consideration, capacity and illegal purposes.

Respond to at least one of your classmates' postings.

Also, there is answer for a student that requires a response: Contract administration guidelines for public infrastructure projects in the United States and Saudi Arabia: International construction, where contractors perform works in foreign countries, poses cultural and contractual risks resulting from the dissimilarities in social and legal outlooks. One of the major risks that leads to disputes in such international projects is poor contract administration. Research has been focused toward the cultural risks and ex-post dispute resolution in international construction, missing the important ex-ante dispute avoidance aspect. This paper addresses this knowledge gap with a special focus on the Kingdom of Saudi Arabia (KSA), which is the largest economy in the Middle East and North Africa. The paper does so by providing in-depthyet practicalcontract administration guidelines for U.S.