The elements for a valid contract do NOT include:
A) a fair price.
B) capacity.
C) consideration.
D) assent.

Name: The elements for a valid contract do NOT include: A) a fair price. B) capacity. C) consideration. D) assent.
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Question

Quizplus · Accepted Answer

While a fair price may be a desirable term in a contract, it is not one of the essential elements required for a contract to be valid. The essential elements are capacity, consideration, and assent.

The Elements for a Valid Contract Do NOT Include