Zoe Brown had a strong network of friends and family in Charlottetown and across Prince Edward Island. When she graduated with a degree in Hospitality and Tourism Management, she decided it would make sense to move home and open her own catering business. Her first few events involved helping family members, and she completed arrangements with oral agreements. However, as the business began to grow, and she began to secure larger events, she knew her processes needed to become more formal. In particular, she believed she needed to institute a system of written contracts to help manage relationships with her increasing number of clients. She reasoned they would help to protect her interests, as well as those of her clients. Question: Describe the required elements of a contract and identify three major benefits of having a written contract