Why is it important to distinguish and identify which applies when making a contract business decision?

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1. Given your understanding of the chapter reading on contract law, identify and explain the requirements and elements for a valid contract.
2. Legally how is a contract formed and what are some similarities and differences between common law contracts versus the Uniform Commercial Code?
3. Why is it important to distinguish and identify which applies when making a contract business decision?

4. Using the NEXIS-Uni Legal Research Database below, find and provide one breach of contract case example within the last five years from your home state. *****(Georgia State) case is attached. *****

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