Create a summary that describes a situation where a promise was broken. Debate why the facts you presented did or did not meet the legal requirements for a contract.

An example of a situation where a promise was broken is when a business owner agrees to provide supplies to an individual for payment but does not fulfill their end of the bargain. The legal requirements for this type of contract are that there must be two or more parties involved, an exchange of something valuable (such as money, goods or services) and both parties must have agreed on the terms in writing with signatures from each party. In this particular situation, it can be argued that all three conditions were met since there was an agreement between two people who exchanged goods for money yet the supplies were never provided which means that the contract had been violated.

The reason why this particular breach did not meet the legal requirements for a contract is because it lacked precision in regards to how much money would be paid and what specific items were promised by either party. Without these details being included in writing together with signatures from both sides, then it could be argued that no valid agreement was ever established and thus no enforceable rights or obligations existed as part of the arrangement. Therefore, while it may seem like a clear case of one side breaking their promises due to non-delivery of supplies; unfortunately without clearly defined terms in place beforehand any potential claims against them are likely to fail due to lack of evidence proving otherwise.

In conclusion, when entering into contracts especially those involving monetary exchanges or other forms of consideration, it’s important ensure they contain all relevant information and include signatures from both parties so they can potentially hold up in court if need be and prevent such breaches from occurring in future dealings.