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The essential elements of a valid contract include the following: offer, acceptance, consideration, intention to create legal relations, certainty and capacity. All of these must b...

Elements of a Valid Insurance Contract
An insurance contract, also called an insurance policy, is a risk-distributing legal agreement between two parties: the insurer and the insured. The insurer is typically the insurance company extending the contract while the individual or company... More »
Difficulty: Easy
Source: www.ehow.com



At common law, the elements of a contract are offer, acceptance, intention to ... of acceptance, only an acceptance communicated via that method will be valid.

What are the basic requirements for making a valid contract?


A valid contract normally contains the following five basic elements. ... the contracting parties must have the intention to create a legally binding contract. In other ...

This includes being of legal age and mentally competent at the time of entering the contract. Agreement by Offer and Acceptance: In real estate this is illustrated by an offer to purchase a property by a buyer and the acceptance of that offer by the owner/seller. Shou... More »
By James Kimmons, About.com Guide

Four Essential Elements of a Contract


An agreement must contain four essential elements to be regarded as a contract. If any one of them is missing, the agreement will not be legally binding.

Elements of a contract - The Law Handbook


Aug 23, 2015 ... A contract is much more than an agreement between two people. There must be an offer and acceptance, intention to create a legally binding ...

Main Elements constituting A Valid Contract | Law Teacher


A contract has six important elements so that it will be valid which is offer, acceptance, consideration, intention to create legal relation, certainty and capacity.



Feb 19, 2012 ... An agreement, to be enforceable by law, must posses the essential elements of a valid contract as contained in section 10 of the Indian ...

Contract Essential Elements - AcqNotes


Many agreements may be legally unenforceable or “void” because they lack one of the essential elements for a valid contract. The five essential elements are:.

Popular Q&A
Q: Key elements of a valid contract?
A: Offer and Acceptance. Consideration. Legal relationship. Certainty and not vague. Completeness of the contract. Read More »
Source: wiki.answers.com
Q: What are the 3 elements to a valid contract?
A: Offer, acceptance, and (valid) consideration. Read More »
Source: wiki.answers.com
Q: What are the four elements of a valid contract.
A: They are: Offer and acceptance of that offer; Form or consideration; Genuineness of the parties entering the contract; Capacity of the parties entering into the... Read More »
Source: www.answers.com
Q: What are the four elements of a valid contract?
A: C is definitely out, assuming that consent it the same as Agreement. A is out because it has both offer/acceptance and agreement. That leaves B and D. I chose D... Read More »
Source: answers.yahoo.com
Q: Elements of a Valid Contract
A: There are many things that must be considered when involved in the field of business. When making positive relations between other companies, a person may have ... Read More »
Source: www.associatedcontent.com