Discussion Forum on Types of Contract Remedies After reading the materials for Week 5, you will learn about contracts.

Listed below are several topics I would like for each of
you to discuss. Refer to the weekly materials, your textbook, and/or the GMC library when researching the topics for this
Discussion Forum. Put your writing into your own words; do not copy directly from the source. Be sure to incorporate scholarly
/peer-reviewed sources and cite them properly in your posts.
Discuss the elements of a contract and its consequences.
Discuss the discharge of a contract and its effects on the parties.
Discuss the types of contract remedies. Give these two examples a try:
John walks into a gas station, puts one dollar down on the counter, and says, “a coke please.” Under contract law, what has just
occurred?
John walks into a gas station, puts one dollar down on the counter, and
says, “a coke please.” The owner takes the dollar. What type of contract has
just been agreed upon?