A valid contract is one which can be enforced by both parties.

Name: A valid contract is one which can be enforced by both parties.
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Question

Quizplus · Accepted Answer

A valid contract must have elements such as offer, acceptance, consideration, legal capacity, and legality of purpose. If these elements are met, then both parties are legally bound to fulfill their obligations as outlined in the contract. Therefore, a valid contract can be enforced by both parties.

A Valid Contract Is One Which Can Be Enforced by Both