I'm supposed to examine key principles of contract formation. I'm not so sure how I am supposed to fill out this chart... I would like someone to explain deeper for me to understand how to do this.

Details of Assignment:

Assume planning a birthday party. There has to be a story line that provides background information relevant to the event, such as who the party is for, the number of people attending, and the overall vision for the party in terms of the venue, food and beverages, and entertainment. For the event, must should assume that I would be required to contract with a minimum of three vendors to include a party venue, catering, and entertainment. I also have a choice to add other elements to the party, such as transportation, photography, party memorabilia, etc.

For below, I'm supposed to for every vendor:

1. Identify the name of the vendor.
2. Identify and clearly state the offer for the contract.
3. Explain the method of acceptance for the contract.
4. Explain the elements of consideration for the contract.
5. Identify the factors that affect the formation of the contract.

Contract Formation Chart Directions : Complete the chart below as directed in the assignment Contracted Name of Vendor Offer Method of Elements of Factors That Service ACCEPTance* Consideration Affect Contract Formation Venue* Catering Entertainment Other . Other . Storyline Summary (one paragraph background summary of information relevant to the event !`