In this assignment, you will use foundational concepts from business law to explain and classify real-world-inspired contract scenarios. This will help you strengthen your legal reasoning skills and a

In this assignment, you will use foundational concepts from business law to explain and classify real-world-inspired contract scenarios. This will help you strengthen your legal reasoning skills and apply contract law terminology accurately. You will use an artificial intelligence (AI) tool to explore potential classifications, compare perspectives, and improve reasoning.

Contract types covered: 

• Bilateral vs. Unilateral
• Express vs. Implied
• Executed vs. Executory
• Valid, Void, Voidable, and Unenforceable
• Written vs. Oral

For each of the four contract scenarios given in the activity below, you will read about and identify the type(s) of contract involved. Explain your reasoning in 2–3 sentences using business law terms. Determine if it is legally enforceable and explain why or why not. 

Review Scenarios

First, review the scenarios in this activity:

Please open the PDF version: Conflict Scenarios

Now, complete the following:

• Read and Think
• AI Consultation
• Compare and Contrast
• Final Submission Format

Use this assignment template to help you complete this assignment: Unit 2 IP Template. Include at least 1 reference (in addition to the AI tool) to support your answers. Make sure you reference the AI tool you used.

Please see the attached scenario and assignment template.