Offer and acceptance are essential elements of a contract.

Name: Offer and acceptance are essential elements of a contract.
Brand: Quizplus
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Quizplus · Accepted Answer

The offer and acceptance of terms are the two essential elements required for the formation of a contract. An offer is a proposal made by one party to another, indicating a willingness to enter into a contract. Acceptance is the unqualified agreement to the terms of an offer. Without both offer and acceptance, there can be no contract.

Offer and Acceptance Are Essential Elements of a Contract