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Your assignment Prepare a brief memorandum, in point form, of the legal requirements of contracts in the following fact scenario. Read the facts and what is required carefully. Refer to the slides dealing with contracts. Check in with me as you go along regarding the contents and format. Facts Eric Blackburn and Marco Amato, have decided to go into business together offering basic landscaping services. They need some start up cash, equipment and customers. Marco puts up $1,000. Eric already has some tools, but spends $500 at Garden Nursery to buy more. Eric's father, Harry Blackburn, provides the business with another $500. Facts, continued Sal Amen hires Eric and Marco to completely landscape his front and back yard. Sal pays $1000 up front to Eric and Marco to get the work started Eric and Marco promise to complete the work in two weeks as Sal is putting the house on the market Sal tells Eric and Marco that it is important to have the property spruced up to get the price he is asking for in selling it. Eric and Marco order plants, trees and soil from Garden Nursery, paying a cash deposit of $500. Assignment From what you have learned from class and your text, you should now realize the need to get some things down in writing. Determine: What contracts need to be drafted Who will be the parties to each contract What terms should be included in each of those contracts that will address potential issues. - Format of completed assignment Your presentation should be concise; no more than three pages. Use point form Be as complete and detailed as possible. While the assignment is to be presented in point form, it should be correct grammatically with no spelling errors