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1. Both parties must have intention to create legal relations

2. There must be offer and acceptance. (not necessarily in writing)

3. Consideration i.e. the contribution that each party gives to the agreement. It can be an exchange of value or a promise by either party to provide value in the future.

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12y ago
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11y ago

the contract finish /dead time must be valid. this is the most important one.

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11y ago

Offer, acceptance, and (valid) consideration

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14y ago

for valid contract there should be a offer and acceptence nd it should be enforcable by law...means it should be for a legal purpose nd should be with a sound minded person ....

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Q: What are the 3 elements to a valid contract?
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Explain the elements of a valid contract?

Valid elements of a contract include both parties signatures. A contract must also include both parties agreeing on the terms of the contract.


Discuss the elements of valid contract?

the elements of contract are multifaceted and can be discribed by many in so many ways.


What are elements of contract?

the contract finish /dead time must be valid. this is the most important one.


Key elements of a valid contract?

Offer and Acceptance Consideration Legal relationship Certainty and not vague Completeness of the contract


What is a valid sale and give examples?

VALID SALE ( Bai Sahih)-a sale is valid if all elements together with their conditions arepresent-elements of valid sale are•Contract ( Aqd )•Subject matter ( Mabe'e)•Price ( Thaman )•Possession or delivery ( Qabza )


Define contractGive essential elements of a valid contract?

An agreement enforceable by law is a contract.(agreement+enforceability by law=contract) Elements: 1) proposal and acceptance 2) lawful consideration 3) free consent 4) writing and registration. 5) legal relationship 6) capacity of parties. 7) possibility of performance.


Describe the 4 elements required in a valid common law contract?

offer acceptance counter-offer request of information


Ingredients of valid contract?

There are 7 ingredients to a valid contract 1. Offer; 2. Acceptance; 3. Consideration 4. Capacity to contract; 5. Intention to Create Legal Relations; 6. Consent 7. Legality


What is the Difference between valid and void contract?

valid contract is one which satisfies all the condition of contract.on the other hand void contract is one which ceases to be enforceable by law.


What are the five elements which must be present in a contract to make it valid?

Agreement Consideration Legal Object Competent Parties Legal Form


What are the examples of essentialia of a contract?

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If an item line of a contract is changed and not initialed by both party's is it still a valid contract?

No. It is no longer valid.