What are the 5 Principles of Contract Law?

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WHAT ARE THE 5 PRINCIPLES OF CONTRACT LAW?

One party must make a clear offer, and the other party must accept it.

No contract or agreement without consideration

Have intended the agreement to have legal consequences

Have the necessary mental capacity to understand what they are doing.

A party’s genuine consent is an essential element of a legally binding contract.

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What are the 5 Principles of Contract Law? by aridal lawyers - Issuu