Post a description of the risks that are associated with a business contract that you either experienced or observed.

Post a description of the risks that are associated with a business contract that you either experienced or observed. In your explanation, address the following:Describe the business contract and the scenario that revolved around it.Explain the risks of the contract and how they resulted (or could have resulted) in a negative situation.Explain how you (or the person/interested party in the scenario) could have avoided (or did avoid) the negative situation by having a better understanding of contract law at the time.