To understand the stages of a contract and identify elements of a contract. This is an individual activity given to the student to do independently and submit in class You are going to take an area on lease for a garment business and preparing a contract with the help of a lawyer. a. b. C. Generation Perfection Consummation The above are the three stages of a contract. Convert the above 3 stages to your business. d. Based on your contract identify any 3 elements of contract. You can take the help of any contract