Give an example of a contract that you or someone you know entered into (for example, rental agreement, cell phone agreement, property purchase or lease—car, home, furniture, etc.; home or car repair, student loan agreement). Apply the five essential elements of an enforceable contract to your example and answer the following questions.
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- Was the contract successfully fulfilled?
- Was there a breach of the contract?
- If so, what remedies were available?
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