discuss the role of contracts in business law and pay attention to enforceability, the potential parties of those contracts and their respective authority (if any exists), how business entities could possibly be bound by a contract, how individuals could be personally bound by a business contract, and general requirements for a contract to be considered valid and enforceable.

The assignment is to research this topic and write a minimum 750 word paper (3+ pages double-spaced) in 12-point Times New Roman font with normal, 1″ margins on the paper. Points will be deducted for any font, spacing or margins that violate those guidelines/rules and, if the violation is severe enough, the paper may be entirely rejected. Please do not create subheadings or chapters as “cheap fillers” in your paper; these just waste space and add neither content nor length.

Your papers must be submitted through the Blackboard assignment submission and not emailed directly to the instructor. In Blackboard system, the papers will also be screened for plagiarism and, if proper citations or references are not provided, points will be deducted. If the paper appears to closely and suspiciously match another paper, whether from another student or not, it may be rejected and zero points awarded. If plagiarism is suspected, the matter may also be turned over for violation of academic integrity standards. Please be responsible for your own work and do the best you can.

In this paper, you should discuss the role of contracts in business law and pay attention to enforceability, the potential parties of those contracts and their respective authority (if any exists), how business entities could possibly be bound by a contract, how individuals could be personally bound by a business contract, and general requirements for a contract to be considered valid and enforceable. Real-life and/or case law examples of the issues and topics raised would be appreciated and count toward a more well-written paper. Focusing on a single part of this topic would be acceptable if the focus is intense, topic is salient, and writing is thorough/comprehensive.