In the student contract analysis project, students should choose one every day contract they are interested in analyzing. A listing of typical contracts could include the following:

Nondisclosure agreements

Bill of sale

Promissory notes

Employment agreements

Licensing agreements

Residential leases

Power of attorneys

Note this listing serves as examples only and this is not a complete listing as you can choose any contract to analyze.

In this discussion forum, you are to post the contract category you have chosen for this assignment and the reason for your selection. By Week $8$ of the course, you will analyze a contract from within this category. Your analysis should be $4$ pages $($typed double spaced$)$ in length $($cover pages and reference pages do not count towards the page count$)$ and follow APA style and format. Generally, you should answer the following questions within your analysis:

Understanding

Are the parties clearly identified? Who are the parties to this contract?

Analyze who the typical audience is and discuss whether this contract is appropriately written for this audience $($e$.$g$.$ are they both merchants or individuals, does it make a difference if one is a merchant or and the other party is not?$).$

Is there any $$fine print$$ that is concerning? If so$,$ why?

Analysis

Are there any ambiguous terms? If so$,$ which ones and why?

Does the contract provide a resolution mechanism if there are disputes?

Do you find any items particularly interesting about the contract?

How are breaches handled?

Are there any surprises in this contract?

Are each party$$s obligations clear? Why or why not?

Recommendations

Do you have recommendations on how to improve the contract? Note that the paper must also include a list of references, use headings $($understanding$,$ analysis, and recommendations$)$ as listed above, and cite all sources using APA citation and format.