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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 2 Discussion Topic 1

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Q Topic 1: Contracts: Identify a contract that you entered into recently. Outline the elements of a contract (offer, acceptance, etc.) and identify each element in your contract. Based on your knowledge of contract law from this week’s learning resources, was the contract legally enforceable? Why or why not?

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A contract is an agreement between the two parties that decide to have a pact of giving and taking. Both mutually comes and decides to make and joint agreement. Each party is bound by the contract to perform their respective duties of giving and taking (LaMance, 2018). The contract can be as simple as of buying a product or huge as buying a share in the share market or something sort of that. The recent contract that I have been gone through is when I was buying a book from an online store. In this era of digital marketing, the term contract has gained more importance for purchasing online needs it. I ordered the book online and there were lots of option for the payment like cash on delivery to card payment.