1. Explain the required elements for a valid contract. 2. What are some similar

1. Explain the required elements for a valid contract.
2. What are some similarities and differences between common law contracts versus the Uniform Commercial Code?
3. Why is it important to distinguish which one applies when making a contract business decision?
4. Research one (1) breach of contract lawsuit involving two businesses within the last year and explain the lawsuit facts, dispute, and decision/reasoning by the court.