Business Studies, asked by gabriellorraine6, 8 hours ago

A valid contract is fully enforceable. Explain what that means

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Answered by arorahardik1803

Answer:

An agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.

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