Elements of a ContractThe paper must be four to five pages excluding title page andreference pages following APA format.Address all of the following parts of this assignment:Suppose that the Fabulous Hotel hires you as head chef under atwo-year employment contract. After two years another hotel wantsto hire you. However in the original employment contract yousigned with the Fabulous Hotel the following paragraphappears:The below-signed agrees not to work as a chef for another hotel inthe same metropolitan area for a period of two years after leavingour employ.Identify which elements of contract must exist for this agreementto be enforceable. At a minimum your paper must include a detaileddescription of the concepts of offer acceptance legalconsideration capacity and legality of purpose. Is this contractgoverned by common law or the UCC? Why? Discuss under whichcircumstances this non-compete agreement would beunenforceable.