Draft your own original contract clause regarding one of the following topics:
Dispute Resolution Clause
Intellectual Property Clause regarding either ownership of Intellectual Property or Trade Secrets
Note: Please do not cut and paste from an existing contract.
Write a 700- to 1,050-word paper including the following:
Discuss the elements necessary to form a valid contract using the contract clause as an example.
Explain the legal issues addressed by your selected topic/clause and how your contract clause can be applied within a business managerial setting.
Summarize the potential legal defenses available to contract formation.
Evaluate the potential remedies for breach of contract that might be available if someone breached the contract clause you created.
Cite to at least two scholarly sources.