Question: Question 1: (15 pts.) List and briefly explain the three elements of a contract. Question 2: (15 pts.) List and briefly explain the elements that

Question 1: (15 pts.) List and briefly explain the three elements of a contract. Question 2: (15 pts.) List and briefly explain the elements that must be fulfilled for a contract to be legally valid and enforceable. Question 3: (15 pts.) Explain the difference between commercial acts per se and commercial acts as part of a venture and give an example of each

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