Question: 1 . What are the required elements to create an enforceable contract? 2 . What is the difference between unilateral and bilateral contracts? 3 .

1. What are the required elements to create an enforceable contract?
2. What is the difference between unilateral and bilateral contracts?
3. Define and describe the importance of the Statute of Frauds.
4. What is a Quasi Contract?
5. List and explain three defenses to a breach of contract suit.
6. What is the difference between liquidated damages and consequential damages?
7. What is the Uniform Commercial Code?

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