QUESTION IMAGE
Question
which of the following need to be present in order for a contract to be valid and enforceable? (select all that apply)
a. consideration
b. agreement
c. legality
d. competent parties
For a contract to be valid and enforceable, there must be competent parties (able - minded and of legal age), an agreement (offer and acceptance), legality (the purpose must be legal), and consideration (something of value exchanged). All these elements are crucial.
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All of the above (assuming the options are all relevant elements like competent parties, agreement, legality, and consideration)