Assignment:
Question 1. Explain the elements of a Contract (Offer, Acceptance, and Consideration) and why it would be important for a business to understand how to form a contract. (Think about how businesses do business - maybe oral contracts, shuffling of papers back and forth, no real agreement on terms and conditions).
Question 2. Why is the Limited Liability Organization structure such an attractive selection for business? What benefits does it provide? Explain. These questions can be answered in the easiest most clear way you see fit. Essay format is not required.