Let $\webleft (X,x_{0}\webright )$ and $\webleft (Y,y_{0}\webright )$ be pointed sets and let $f,g,h\colon \webleft (X,x_{0}\webright )\to \webleft (Y,y_{0}\webright )$ be morphisms of pointed sets.
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Associativity. We have isomorphisms of pointed sets\[ \underbrace{\text{Eq}\webleft (f\circ \text{eq}\webleft (g,h\webright ),g\circ \text{eq}\webleft (g,h\webright )\webright )}_{{}=\text{Eq}\webleft (f\circ \text{eq}\webleft (g,h\webright ),h\circ \text{eq}\webleft (g,h\webright )\webright )}\cong \text{Eq}\webleft (f,g,h\webright ) \cong \underbrace{\text{Eq}\webleft (f\circ \text{eq}\webleft (f,g\webright ),h\circ \text{eq}\webleft (f,g\webright )\webright )}_{{}=\text{Eq}\webleft (g\circ \text{eq}\webleft (f,g\webright ),h\circ \text{eq}\webleft (f,g\webright )\webright )}, \]
in $\mathsf{Sets}_{*}$, being explicitly given by
\[ \text{Eq}\webleft (f,g,h\webright )\cong \webleft\{ a\in A\ \middle |\ f\webleft (a\webright )=g\webleft (a\webright )=h\webleft (a\webright )\webright\} . \] -
Unitality. We have an isomorphism of pointed sets
\[ \text{Eq}\webleft (f,f\webright )\cong X. \]
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Commutativity. We have an isomorphism of pointed sets
\[ \text{Eq}\webleft (f,g\webright ) \cong \text{Eq}\webleft (g,f\webright ). \]