To be legally enforceable,a contract must contain any three of the five elements - offer and acceptance,mutual agreement,consideration,competent parties,and legality of purpose.

Question

Quizplus · Accepted Answer

A legally enforceable contract must contain all five elements: offer and acceptance, mutual agreement, consideration, competent parties, and legality of purpose.

To Be Legally Enforceable,a Contract Must Contain Any Three of the Five