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hello Ben Im 107 students I am going to give you some verbal instructions for the preparation of your contract assignment the written instructions are very thorough and this probably isnt necessary but sometimes people hear things better than they read things and understand things better that way so this is in addition to the information that is already posted to elearn on elearn there is a document that looks like this and its entitled term contract drafting assignment on the first page it talks about how this is a learning exercise which means we I dont tell you how to do it you have to figure it out yourself for the most part um and they the theory is that if you do something yourself you learn it better than if someone just shows you how to do it okay the material also talks about the difference between letters of agreement and invoices and formal contracts all three of those are binding Arrangements between business people but were going to do a formal contract for this assig