BUSINESS LAW I Homework Assignment No. 4 (Basic Contract Law) HW Objectives: 1. Develop practical research and critical thinking skills. 2. Enhance Learning of select concepts pertaining to the law of contracts. 3. Provide opportunity to enhance writing & summarizing skills. In structions. The following Questions are designed to enhance the Student's understanding of select contract concepts, including \"meeting of the minds,\" "implied contracts,\" "at will employment contract\" and "statute of frauds.\" The scenarios set forth are based on actual court cases and you will be expected to read, understand and critically think about the contract principles and actual court decisions in those cases. Your responses must be your own, must be set forth in your own words and should demonstrate substantial knowledge of the causes of action identied in the