Describe an example of a contract that you or someone you know entered into? Critical Analysis Paper

Describe an example of a contract that you or someone you know entered into (e.g., rental agreement, cell phone agreement, property purchase or lease [e.g., car, home, furniture, etc.], home or car repair, or student loan agreement). In your description, be sure to provide specific contractual details including parties and subject matter involved. You must also address the following:

Define the five essential elements of an enforceable contract, and demonstrate how each element relates to your example.
Explain the circumstances of a breach of contract in your example, and discuss possible remedies.

The paper must be three to four pages in length (excluding title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. You must use at least two scholarly sources other than the textbook to support your claims. Cite your sources in-text and on the reference page. For information regarding APA samples and tutorials, visit the Ashford Writing Center.
Comments from Support Team: book

My first lease agreement was back in 2012. I wanted to attend Ashford in 2012. Ineed a laptop because my desktop was running Windows Vista. I went to Aarons a rental palace to purchase my laptop. It was September 3, 2012; my class was starting on September 4, 2012. Ineeded Microsoft word on my computer but wasn’t able to purchase. I purchase a laptop at $899.99 or $99.99 a month in an agreement for 12 month at a final monthly charge of 117.69. My warranty was until I paid the laptop off at the rental place, but HP warranty lasted until April 26, 2014, I paid it out in 10 month with same monthly charge of 117.69, by paying more every month until I could buy it.Define the five essential elements of an enforceable contract, and demonstrate how each element relates to your example. Intention to create legal relation

Rogers, S. (2012). Essentials of Business Law [Electronic version]. Retrieved from
Discipline: business law