What Are the Elements of a Valid Contract?
By  Devang Yadav  |  21 Jul 2016  |  Upvotes: 0  | 

1 Answer(s)

Deepika Gill

In order for a contract to be valid, certain elements of proof must be met. These include: the existence of an agreement between the two parties; the parties are competent to form a contract; the parties agree to the arrangement; the agreement is supported by consideration; the agreement is not lawful; and the agreement follows the form required by contract laws. If any of these elements is missing, the contract might not be enforceable in a court of law.

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