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_______ is the first of the four elements of a valid contract


_______  is the first of the four elements of a valid contract

 A) a. Consideration

 B) b. Capacity

 C) c. Mutual assent

 D) d. Legality

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Answer #1

Answer C. mutual assent

First element is the existence of the mutual agreement between the parties. So, only then the contract is valid. The agreement should be written to be valid or else it is void. The agreement should contain the intent, terms and conditions, etc.

An example of agreement is a buyer of the house signs an agreement with the seller that the house should be painted before handing it over.

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