(Answered) Select a contract that you are currently engaged in

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Select a contract that you are currently engaged in (University of Phoenix, Cell Phone, Electrical, Power, Car, Insurance, etc.).

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.

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