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.
Cite to at least three scholarly sources.
