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What are the four elements of a valid contract

What are the four elements of a valid contract? Describe the objective theory of contracts. Why do you think the court held that tere was not a valid agreement in the Judge Wood's decision
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Answer #1
Here are some links on Contract Law:

http://search.yahoo.com/search?fr=mcafee&p=elements+of+a+valid+contract

Sra
answered by: krysta
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Answer #2

  1. Offer– most vital essentials to form a valid contract. It must consist of a firm and definite promise or several promises.

  2. Acceptance– manifestation on the part of the offeree, which he/ she unconditionally agree to the conditions/terms of the offer.

  3. Intention to create legal relations-‘intention to form’ a legally binding agreement or contract.

  4. Consideration-consideration in the contract can be mentioned as “something of value”.


source: https://quantitysurveyor.blog/2019/10/10/elements-of-valid-contract/
answered by: Ra One QS
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