Draft a contract clause, containing a minimum of 175 words, regarding one of the following topics: •Intellectual Property Clause regarding company ownership of employee created works •Intellectual Property Clause regarding a third party’s use of at least two types of your business’ intellectual property Discuss the following in a minimum of 875 words: •Explain the legal issues addressed by your selected topic/clause and how your contract clause can be applied within a business managerial setting. •Summarize the potential legal defenses available to contract formation. •Evaluate the potential remedies for breach of contract that might be available if someone breached the contract clause you created. Cite a minimum of 3 peer-reviewed references. Peer-reviewed references do not include websites, newspapers, or popular magazines. Format your assignment consistent with APA guidelines.