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What is Essential Elements of a Contract about?

1. A contract is an agreement that creates legal obligations between two or more parties. 2. There are several essential elements that must be present for an agreement to be considered a legally binding contract, including offer and acceptance, lawful consideration, capacity and consent of the parties, a lawful object, certainty, and possibility of performance. 3. These elements help ensure that contracts are fair, enforceable, and in line with public policy. Contracts can be oral, written, or registered,

Author

sanzida akter

Language

EN