Question: This week, let s explore contracts in our daily lives. Identify a common agreement or contract you encounter regularly and analyze its elements. 1 .

This week, lets explore contracts in our daily lives. Identify a common agreement or contract you encounter regularly and analyze its elements.
1. Select a contract or agreement you commonly encounter in daily life. Briefly describe it.
2. Dissect the contract's elements. Does it have an offer, acceptance, and consideration? Explain.
3. Share your thoughts on the importance of each element in making the contract legally binding and effective.

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