Lesson Plan for Senior Secondary 3 - Commerce - Contract I

### Lesson Plan: Contract in Commerce **Class:** Senior Secondary 3 **Subject:** Commerce **Duration:** 90 minutes **Topic:** Contract --- #### **Objective:** - Understand the basic definition of a contract. - Recognize the essential elements of a valid contract. - Differentiate between different types of contracts. - Learn about the formation and termination of contracts. --- ### **Materials Needed:** - Whiteboard and markers - PowerPoint slides - Handout summarizing key points - Case study examples - Quiz papers - Textbooks --- ### **Lesson Structure:** #### **Introduction (10 minutes):** 1. **Greeting and Roll Call** (2 mins) - Ensure all students are present and ready. 2. **Icebreaker Question** (3 mins) - Ask: "Can anyone give me an example of a promise they made recently? Was it formal or informal?" 3. **Overview of the Lesson** (5 mins) - Briefly outline what will be covered: definition of a contract, essential elements, types, formation, and termination. --- ### **Direct Instruction (20 minutes):** 1. **Definition of a Contract** (5 mins) - Explain that a contract is a legally binding agreement between two or more parties. - Use PowerPoint slides to highlight key points. 2. **Essential Elements of a Valid Contract** (15 mins) - Offer: Clear proposal made by one party. - Acceptance: Unconditional agreement to the terms. - Consideration: Something of value exchanged between parties. - Capacity: Parties must have the legal ability to enter a contract. - Legality: The contract’s purpose must be lawful. - Use an acronym like "COALC" to help students remember these elements. - Provide real-world examples for each element. - Distribute handouts summarizing the essential elements. --- ### **Guided Practice (15 minutes):** 1. **Case Study Exercise** (15 mins) - Divide students into small groups. - Provide each group with a case study scenario involving a contract. - Ask each group to identify the essential elements in the scenario and whether the contract is valid. - Groups present their findings to the class. --- ### **Independent Practice (15 minutes):** 1. **Worksheet Activity** (15 mins) - Distribute a worksheet that includes various scenarios asking students to determine if a valid contract exists based on the elements discussed. - Walk around, provide feedback, and answer questions while students work. --- ### **Class Discussion (10 minutes):** 1. **Debrief Worksheet Answers** (10 mins) - Review answers to the worksheet as a class. - Encourage students to explain their reasoning. --- ### **Assessment (15 minutes):** 1. **Quiz** (15 mins) - Administer a short quiz covering the definition, essential elements, and types of contracts. - Collect quizzes for grading. --- ### **Closure (5 minutes):** 1. **Recap of the Lesson** (3 mins) - Summarize the key points covered in the lesson. - Address any final questions. 2. **Homework Assignment** (2 mins) - Ask students to research a famous contract dispute and write a one-page summary explaining the issue and outcome. --- ### **Reflection:** - Note what went well and areas for improvement. - Gather student feedback on the lesson for future adjustments. --- This lesson plan provides a comprehensive approach to teaching the topic of "Contract" in a Commerce class, ensuring that students grasp the essential concepts through a blend of direct instruction, interactive activities, and assessments.