write the two characteristics of a legal contract
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A simple contract is an agreement made by two parties. This agreement can be an oral or a written one. There must be an offer, consideration, and an acceptance to make it valid. Even if the document is not drafted by a lawyer, it can still land you in court in the case of a breach of the contract
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A legal contract is a legally enforceable agreement between two or more parties. It may be verbal or written. ... A legal contract must have a lawful purpose, mutual agreement, consideration, competent parties, and genuine assent to be enforceable.
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