A minimum of 250 word for each question.
Each response should be substantiated by at least one references with in-text references in APA format. Use Times New Roman or Arial 12-point.
Include a heading for each question.
The questions are as follows:
i. What is a contract? What is the objective theory of contracts?
ii. Discuss the four elements that are required for the formation of a contract.
iii. Outline the elements necessary for an effective offer. Provide examples of non-offers.
iv. Explain how shrink-wrap and click-on agreements differ from other contracts. Discuss how traditional law have been applied to these agreements.
v. What is consideration? Discuss what is required for consideration to be legally sufficient.