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yulyashka [42]
3 years ago
6

What elements are required for a legally valid contract?

Mathematics
1 answer:
ella [17]3 years ago
7 0

Answer:The 5 elements of a legally binding contract are made up of:

An offer.

Acceptance,

Consideration.

Mutuality of obligation.

Competency and capacity.

Sometimes additional components are involved to protect the interests of all the parties.

A contract involves two or more parties who are competent to enter into a legally binding agreement. While a contract can be verbal or implied, it is usually in writing. If a contract is enforceable, a court can compel the parties to follow through on what they agreed to in the contract.

A legally enforceable contract is more than a casual promise between friends. The purpose of a business contract is to place legal requirements on the parties to follow through on the agreement. The legal system is available to mediate if a party breaches the terms of the contract.

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Find the sum of first 20 to terms of an ap in which d is equal to 7 and 20 second term is 149​
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1370

Step-by-step explanation:

<h3>Given</h3>
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<h3>To find</h3>
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<h3>Solution</h3>

<u>First, let's get the value of the first term:</u>

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