Objective:
Students will learn what is necessary for a contract to be legally valid.
Procedure:
1-Introduce contracts (quick explanation, ask students when they last bought or sold something, express contract vs. implied contract)
2-Talk about when contracts are voidable
3-Explain mutual assent
3-Explain bilateral and unilateral contracts (give examples)
5-Talk about certainty of terms (what needs to be clear for the contract to be valid)
Check for understanding:
Ask students for examples of different types of contracts.
Materials:
Poster showing visual aid of terms that must be certain for a valid contract
Approved. Are there interesting stories about people breaking contracts or arguing about the meaning of a contract that you could incorporate? Perhaps your mother's experiences could help here.
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