business law assignment 5

Scenario: David, age 35, is an avid camper. He has just bought a new tent in preparation for a camping trip. He wants to sell his old tent, so he advertises it on an internet resale site at a price of $250. Erik, age 20, is looking for a used tent, and sends David an e-mail proposing to buy the tent at that price.

Question: List and explain the four requirements of a valid contract. Which elements of the scenario above correspond to the requirements?

Assignment Deliverables

Your assignment must be formatted as follows:

1.    APA formatting

• Times New Roman or Arial 12-point font
• 1-inch margins
• Page numbers in top right corner
• Doubled spaced
• All sources properly referenced and cited