Question: Unit 2 Assignment 1 . Define the six ( 6 ) elements of a contract - examples not required. 2 . Explain how the parole
Unit Assignment
Define the six elements of a contract examples not required.
Explain how the parole evidence rule affects the addition of supplemental provisions to a written contract.
Define an unconscionable contract.
List valid consideration characteristics and give at least two examples of valid consideration.
List the six types of contracts that must be in writing.
Define the ways that a contract can be terminated.
When are restraints on trade legally enforceable?
Define a competent party and explain what is meant by that party having contractual capacity.
Compare and contrast a void versus voidable contract.
List five agreement types that lack consideration.
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