Which of the following is a essential element of a valid contract?
Options
AOffer
BAcceptance
CConsideration
DAll of the above
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Indian Contract Act, 1872Question 5798 of 6
All Questions Correct Answer
✅ Option D — All of the above
All Options:
- AOffer
- BAcceptance
- CConsideration
- DAll of the above ✓
Detailed Solution & Explanation
A contract is an agreement between two or more parties that is enforceable by law. For a contract to be valid, it must have certain essential elements, which include: - One party makes a proposal to the other. - The other party accepts the proposal. - Something of value is exchanged between the parties. Therefore, all of the above options are essential elements of a valid contract.
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Key Concepts to Understand
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