Scenario: You and your friends have recently established a company in Canada (Cross Border Medic- CBM) and want to import personal protective equipment from China to Canada. To this end, your company CBM is currently negotiating with Zhutai Technology Co., Ltd, a major Chines Personal Protective Equipment supplier, to reach a mutual agreement (contract). Based on this situation, you are required to make a binding contract keeping the following in mind:

Make sure the contract contains all 5 major elements of an enforceable contract.

All communications between CBM & Zhutai must be online. Write down a clause to this end.

Address the following: insurance, shipping, payment methods, and jurisprudence. (these figures are at your discretion.)