3.3 – Summary Assignment: Requirements for a Valid Contract (PLG1)In a 1-2 page paper, please post a brief synopsis of the key points in the video and how it pertains to our MGMT 390 course. Compare the video to our textbook, Chapter 8 Nature and Classification. What are some key points that you found interesting and can be used in a business environment? Requirements for a Valid Contract (YouTube – 2:03) (Links to an external site.)Links to an externalsite. https://www.youtube.com/watch?v=50YEE4UOqGYUse : Miller, R. L., & Jentz, G. A. (2015). Fundamentals of Business Law Summarized. Boston: Cengage