getrudazawadi
Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

mention and clearly explain four essential ingredients for the existence of a contract​

Sagot :

anjali66

Answer:

For a contract to be legally binding it must contain four essential elements:

an offer

an acceptance

an intention to create a legal relationship

a consideration (usually money).

However it may still be considered invalid if it:

entices someone to commit a crime, or is illegal

is entered into by someone that lacks capacity, such as a minor or bankrupt

was agreed through misleading or deceptive conduct, duress, unconscionable conduct or undue influence.

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.