LAW 421 Week 3 Assignment, Contract Law Drafting

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LAW 421 Week 3 Contract Law Drafting Exercise

Draft a contract clause regarding one of the following topics:

  • Dispute Resolution Clause
  • Intellectual Property Clause regarding either ownership of IP or Trade Secrets

Write a 700- to 1,050-word paper including the following:

  • Discuss the elements necessary to form a valid contract using the contract clause as an example.
  • Explain the legal issues addressed by your selected topic/clause and how your contract clause can be applied within a business managerial setting.
  • Summarize the potential legal defenses available to contract formation.
  • Evaluate the potential remedies for breach of contract that might be available is someone breached the contract you created.

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