Part $1$: Contract Definition

Identify the elements that must be present for a legal contract to exist. Define each element using examples.

Part $2$: Case Support

Determine the facts from the scenario that you will use to support your decision on whether or not Jim and Laura entered a contract with Stan Salesman for the purchase of the automobile.

Part $3$: Case Judgment

Based on the facts in Part $2,$ decide whether or not there was a contract for the purchase of the automobile.

Part $4$: Sources & Conventions

Include two academic references to support your judgment and review your document for standard English writing conventions.