Identify the elements required to form a legally binding contract for services.

Identification should include

• reasons farm businesses would do custom work for other farms
• reasons to outsource services
• elements that must be covered in the contract (e.g., offer, acceptance, consideration, mutuality of obligation, competency, capacity, and legality).

Process/Skill Questions:

• What are the elements required to demonstrate the formation of a legally binding contract?
• What happens when contracts are breached?
• What is a service contract?
• How would one describe the expectation of services?