Elements of a Contract

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Elements of a Contract

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Original Source: US Legal

“The requisite elements that must be established to demonstrate the formation of a legally binding contract are (1) offer; (2) acceptance; (3) consideration; (4) mutuality of obligation; (5) competency and capacity; and, in certain circumstances, (6) a written instrument…”

http://contracts.uslegal.com/elements-of-a-contract

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