Multiple choice

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

  1. Lawful consideration

  2. Lawful agreement

  3. Free consent

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

A valid contract requires all essential elements: lawful consideration (what each party gives/receives), lawful agreement (offer and acceptance), and free consent (agreement without coercion/fraud/undue influence). All three must coexist for enforceability.

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