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essential of a valid contract
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essential of a valid contract Related: Nature of contract, Business L...
1.two or more parties
2.offer and acceptance
3.must be enforceable by law
4.there must be intention of legal relationships
5.offer must be communicate
6.must be contractual capicity of the parties
7.free consent
8.lawful consideration
9.there must be law full object and is not opposed to public policy
10.the agreement should not be expressly declared void
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essential of a valid contract Related: Nature of contract, Business Law
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essential of a valid contract Related: Nature of contract, Business Law for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about essential of a valid contract Related: Nature of contract, Business Law covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for essential of a valid contract Related: Nature of contract, Business Law.
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