Discussion Post: Law
Discuss the following:
1) Given your understanding of the chapter reading on contract law, identify and explain the requirements and elements for a valid contract. Legally how is a contract formed and what are some similarities and differences between common law contracts versus the Uniform Commercial Code. Why is it important to distinguish and identify which applies when making business decisions?
2) Using the NEXIS-Uni Legal Research Database, find and provide one breach of contract case example within the last five years in your home state. Be sure to explain the facts of the case, the parties to the lawsuit, the dispute, and the outcome and remedies provided by the court. Provide whether you agreed with the court's decision or not.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.