Business law assignment In your role working as a paralegal or legal assistant for iHiker, draft a memorandum to Miguel Rodriguez, the iHiker general counsel, discussing the need for all iHikeremployees and independent contractors to sign a new confidentiality agreement and non-competition agreement as a condition of continued employment andbusiness relationship with iHiker. In the memorandum, discuss and analyze the basic elements for a valid contract. In addition, discuss the benefits of a confidentialityagreement and non-competition agreement for iHiker. MEMORANDUMDate: [today's date]To: Miguel RodriguezFrom: [student name]Re: Confidentiality and non-competition agreementsIntroduction[Provide an introduction in this section.]Confidentiality Agreements[Discuss confidentiality agreements in this section.]Non-competition Agreements[Discuss non-competition agreements in this section.]Elements for Valid Contract[Discuss the elements for a valid contract in this section and whether continued employmentsatisfies the consideration requirement. Consideration is "something of legal value given inexchange for a promise." (Cheeseman, 2021, p. 216).]Conclusion[Give a brief conclusion in 1-2 sentences.]

Step 1: Understand the Purpose of the MemorandumThe memorandum aims to address the need for new…

Answered: In your role working as a paralegal or…

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