Explain the key elements of a binding contract. What are the ways in
which the contract can be discharged?
Answers
Answered by
0
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.
Explanation: I did this question on one of my assignments before
Similar questions