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What is Essentials of Contract Law Explained about?

A valid contract requires offer and acceptance, intention to create legal relations, legal capacity, lawful object, certainty and possibility of performance, consideration, free consent, legal formalities, and not being expressly declared void or illegal. A breach of contract allows legal remedies like damages, specific performance, injunction, rescission, restitution, liquidated damages, and mitigation of damages. Valid contracts meet all requirements, void contracts lack essential elements, and voidable c

Author

thakuryashsingh111

Language

EN