Contract Formation 1. The basic requirements needed to form a contract. 2. How the establishment of enforceable contracts benefits business organizations. Contractual Performance and Breach 3. How a contract can be legally discharged. 4. The ways in which a contract can be breached. Business Organizations 5. The factors that go into the selection of a business organizational form. 6. The advantages and disadvantages of the various organizational forms. Contracts 1 7. What are the elements of a contract? Contracts 2 8. What is the difference between a material breach of contract and a nonmaterial breach of contract? 9. What are some examples of legal and equitable remedies available for breach of contracts? Business Forms 10. Business Organizations- What are the principal factors that should be considered in determining which form of business organization to use?