describe the essential characteristics of vaild contract
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Essential elements of a valid contract
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Essential Elements of a Valid Contract
1. Offer and Acceptance
2. Intention to Create Legal Relationship
3. Capacity to Contract
4. Genuine and Free Consent
5. Lawful Object
6. Lawful Consideration
7. Certainty and Possibility of Performance
8. Legal Formalities
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Essential characteristics of valid contract are,
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