Consider the elements that were necessary to form the contract. Explain how your selected contract (or selected portions within the contract) can be applied within a business managerial setting.

Select a contract that you are currently engaged in (I choose my 4 year car lease with Lexus Financial Services, LFS).

Write a review of the contract in a minimum of 1,050 words in which you include the following:

  • Consider the elements that were necessary to form the contract.
  • Explain how your selected contract (or selected portions within the contract) can be applied within a business managerial setting.
  • Summarize the potential legal defenses available to contract formation.
  • Evaluate the potential remedies for breach of contract that might be available to someone who breached the contract you have selected.
  • Examine how the contract deals with intellectual property issues.

Cite a minimum of 3 scholarly references.

Format your paper consistent with APA guidelines.

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