1. Please list the elements of a valid contract. Give an example of a valid contract that includes at least three classifications of contracts. 2. Does genuine assent exist when there is fraud? Please list the elements of Fraud. Give an example this type of deceit. 3. If Lisa is 17 and 360 days old and makes a contract with RentACenter, what are the ramifications of her actions? a. Can Lisa make a valid contract? Why or why not? b. What happens if she contracts, pays, reaches the age of majority and pays?

c. What happens if she contracts, doesnt pay, reaches the age of majority and doesnt pay? d. In what scenario would Lisa have to pay a creditor? e. What type of incapacity defines a minors contractual incapacity? 4. List the five contracts that must be in writing? (Hint: Statute of Frauds) What is the writing requirement? (Hint: there are two elements) Bonus: Define the last requirement of the writing requirement.