Multiple choice

The following are the essential elements which need to co-exist in order to make a valid contract

  1. offer and acceptance

  2. intention to create legal acceptance

  3. capacity of parties - competency

  4. all of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A valid contract requires multiple elements to coexist: offer and acceptance (mutual assent), intention to create legal relations, capacity of parties (competency), lawful consideration, lawful object, free consent, and sometimes writing/witnesses. Since option A covers offer/acceptance, B covers intention (though oddly phrased), and C covers capacity - and all are essential - D is correct as ALL these elements must exist together for a valid contract.

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