Question

Write the elements of a valid contract.
Or
Write the essentials of a valid contract.
Or
Write the requisities for the contract to be valid.

Answer 1

Answer:

Elements of a Valid Contract

Offer and Acceptance. Basically, a contract unfolds when an offer by one party is accepted by the other party . ...

Intention to Create Legal Relationship. ...

Capacity to Contract. ...

Genuine and Free Consent. ...

Lawful Object. ...

Lawful Consideration. ...

Certainty and Possibility of Performance. ...

Legal Formalities.