QuestionJuly 5, 2025

Which one of the following is NOT an element of a valid contract? A) Competent parties B) Consideration C) intent D) Legal purpose

Which one of the following is NOT an element of a valid contract? A) Competent parties B) Consideration C) intent D) Legal purpose
Which one of the following is NOT an element of a valid contract?
A) Competent parties
B) Consideration
C) intent
D) Legal purpose

Solution
4.2(184 votes)

Answer

None; all options (A, B, C, D) are elements of a valid contract. Explanation A valid contract requires competent parties, consideration, intent, and a legal purpose. Therefore, all the options listed are essential elements of a valid contract.

Explanation

A valid contract requires competent parties, consideration, intent, and a legal purpose. Therefore, all the options listed are essential elements of a valid contract.
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