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BUS 311 Week 2 Assignment Critical Analysis Paper Critical Analysis Paper. Give an example of a contract that you or someone you know entered into (for example, rental agreement, cell phone agreement, property purchase or lease—car, home, furniture, etc.; home or car repair, student loan agreement). Apply the five essential elements of an enforceable contract to your example and answer the following questions. 1. Was the contract successfully fulfilled? 2. Was there a breach of the contract? 3. If so, what remedies were available?