Describe an example of a contract that you or someone you know entered into (e.g., rental agreement, cell
phone agreement, property purchase or lease [e.g., car, home, furniture, etc.], home or car repair, or student
loan agreement). In your description, be sure to provide specific contractual details including parties and
subject matter involved. You must also address the following:
Define the five essential elements of an enforceable contract, and demonstrate how each element relates to
your example.

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