Title: Analyze the need for a contract.
Course: Business Law (12054-18) > Section: Examining Contracts

Analysis should recognize the

- role of contracts to make producers and consumers feel more comfortable buying, selling, and investing in a free-market economy
- decline of verbal (handshake) agreements
- protective power of contracts
- role of the courts with regard to contracts
- litigious nature of society
- danger of conducting business without a valid contract.