Give an example of a contract that you or someone you know has signed. We sign these things all the time from buying a car to a washing machine to leasing an apartment to going bungee jumping, etc. Please explain who the parties are (buyer-seller; patient-doctor; leasor-lessee). Let us know whether you read the terms of the contract. Tell us whether there was any consideration (payment of money or deposit of something of value). Let us know something that could be considered a breach of the contract (hypothetically). Discuss what you think the damages could be.