Explain the method of acceptance for the contract.

CLC – Contract Formation 2 myGroup Group Forum

This is a Collaborative Learning Community (CLC) assignment.

The purpose of this assignment is to examine key principles of
contract formation.

For this assignment, assume you are planning a birthday party. You will

1 need to create a story line that provides background information

W relevant to the event, such as who the party is for, the number of
people attending, and your overall vision for the party in terms of the
venue, food and beverages, and entertainment. For the event, you
should assume that you would be required to contract with a minimum
of three vendors to include a party venue, catering, and
entertainment. You may choose to add other elements to the party,
such as transportation, photography, party memorabilia, etc.

Complete the “Contract Formation Chart,” located in the topic
materials. For each vendor, you must provide the following
information.

|. Identify the name of the vendor.

2. Identify and clearly state the offer for the contract.
3. Explain the method of acceptance for the contract.
4. Explain the elements of consideration for the contract.

. Identify the factors that affect the formation of the contract.

APA style is not required, but solid academic writing is expected.

This assignment uses a rubric. Please review the rubric prior to
beginning the assignment to become familiar with the expectations
for successful completion.

You are not required to submit this assignment to LopesWrite.

Attachments

@ BUS-340-RS-Contract-Formation-Chart (1).docx

Attempt Start Date: 04-Jan-2021 at 12:00:00
AM

Due Date: 10-Jan-2021 at 11:59:59 PM
Maximum Points: 70.0

Peer Review Points: 0.00 (0.0%)

365 RUBRIC

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Explain the method of acceptance for the contract.
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