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Please explain everthing in details. Discuss the requirements of a contract with examples. Offer. Acceptance. Consideration. Reality of consent. Capacity. Legality. In contract law what

  • Please explain everthing in details.
  • Discuss the requirements of a contract with examples.
    • Offer.
    • Acceptance.
    • Consideration.
    • Reality of consent.
    • Capacity.
    • Legality.
  • In contract law what is the significance of:
    • the concept of a bargained for exchange.
    • illusory promise.
    • promise to perform a preexisting obligation.
    • past consideration.
    • valid, unenforceable, voidable, and void contacts.
  • Identify the following and discuss their effects:
    • mistakes - both unilateral and mutual.
    • misrepresentation & fraud.
    • duress.
    • undue influence.
  • Are oral contracts valid?
    • What is the statute of frauds and its requirements?
  • The Uniform Commercial Code and its effect on United States law.
    • Formation of a contract.
    • Is formation, performance, and remedies the same under the UCC as under the common law?
  • How is a merchant treated under the UCC?
  • Respond to the questions in this assignment providing support or evidence for your point of view or argument you are trying to make.
  • Tell your readers what action they should take or provide a summary of what the reader should take away from reading/learning about the topic.
  • Write your paper in a clear and articulate manner using Standard English.
  • Write the paper in your words using a minimum of quotations. Apply the 80/20 rule, meaning that at least 80 percent of the essay is in your words.
  • Ensure it is well-organized, logical, and unified, and that your work is original and insightful.
  • Review the assignment rubric for this unit assignment.
  • Use APA 7 formatting and citation style for your paper.
  • Respond in at least a 3-page paper with a separate title and reference page.
  • Have at least three quality references or law cases including the textbook. Please provide APA citation.

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