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7 Essential Elements of a Contract

legittai.com Essential Elements of a Contract

To consider a contract valid and enforceable, it must contain these 7 essential elements: Offer and Acceptance · Awareness · Consideration · Capacity · Legality · Certainty · Proper Form

Essential Elements of a Contract

Contracts serve as the foundation of business transactions, providing legal protection and defining the rights and obligations of the parties involved.

In this article, we will discuss the seven key elements that make up a valid contract.

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