How to Form A contract Chart - Copy

Contract Formation Chart

Question	Party venue	Catering	Entertainment
Identify the name of the vendor	Ferdinand the owner of the vendor	Spencer the owner of local fast food and bakery restaurant	Peterson the clown.
Identify and clearly state the offer for the contract.	The offer to this party venue is to provide the party location for night from 7 pm – 1 am.	The offer is to deliver the food like snacks, cold drinks, burgers, and birthday cakes on the specified location.	The offer hers is to present at a party entertain the kids.
Explain the method of acceptance for the contract.	The method of acceptance is through some advance to the owner.	The method of acceptance is by some advance to the owner.	The method of acceptance is by some advance to the clown.
Explain the elements of consideration for the contract.	The elements of consideration is the total amount of money - $300	Money- $600 in total	Money - $150
Identify the factors that affect the formulation of the contract.	Factors that might affect the contract formation is the fully booked venue or cancellation of party.	Factors that might affect catering is lateness in delivery of food and cake.	Under entertainment, Clown might not be present on the party due to some reasons.

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