Business Studies, asked by dhanushDhanush9935, 11 months ago

Write any 5 essential elements of valid contract.

Answers

Answered by saumyasinha135
0

Explanation:

▪ A legal purpose. The offer and acceptance of a contract must be provided for under legal condition.

▪ Mutual acceptance

▪ Consideration

▪ Voluntary acceptance

▪ Competent parties.

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Answered by tanmaysinha9334
1

Answer:

•Capacity to contract

•Lawful object

•Lawful consideration

•Legel formalities

•Genuine and Free constant

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