Task 1.1: Explaination of 5 E. E of contract (5 essential elements of a contract)1) Definition of contractThe contract was signed, an agreement between two or more parties have the authority to perform or abstain from performing an action lies within the framework of the law. Contracts are based on the use of human type 2, which is the contract is created based on the text or is created based on this does speak and have witnesses. The contract is usually associated with the project, in which the parties will sign the real Sage project together or made a part of the project for a party. The contract also often is the Covenant, trafficking in life (buying and selling a car, land purchases, home purchase, etc), there are also a lot of other contract types. With regard to the contract, if there is a breach of contract parties or improperly under the terms of the contract, the one side could go consistently and both sides together to court, when the Court trial in which side lost to the party that will bear all the cost of compensation for the contract. The contract is not always effective, they can be disabled by the parties by a variety of reasons, there are 2 types of cases for the contract when they are disabled:
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