Preparation of Contract International Law and Business Ethics course Part 1 The agreement between two (bilateral) or more parties (multilateral) upon certain specified terms in trading or other activities leads to the formation of a contract. This section discusses the relevance of the occurrences in the case of Goodscan and Hospitex in the context of the main elements that constitute a contract. It is important to note that that the contract between Goodscan and Hospitex is being governed under the…