Analyze agreement in contract governed by common law

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Reference no: EM132226397

You and your best friend, an art history major, just opened a business. Your business will provide services as well as sell goods. Your friend/business partner knows nothing about contract formation. Explain the basics by answering the three questions below.

(A) Identify and define the 4 elements of a valid contract.

(B) Explain how to analyze Agreement in a contract governed by common law?

(C) Explain how to analyze Agreement in a contrat governed by Article 2 of the Uniform Commercial Code? 

Reference no: EM132226397

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