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Which of the following is NOT a requirement for a valid contract?

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Question: Which of the following is NOT a requirement for a valid contract?

Options:

  1. Offer and acceptance
  2. Consideration
  3. Legality of purpose
  4. Written documentation

Correct Answer: Written documentation

Solution: 

While written documentation is often advisable, it is not a strict requirement for a valid contract; oral contracts can also be valid.

Which of the following is NOT a requirement for a valid contract?

Practice Questions

Q1
Which of the following is NOT a requirement for a valid contract?
  1. Offer and acceptance
  2. Consideration
  3. Legality of purpose
  4. Written documentation

Questions & Step-by-Step Solutions

Which of the following is NOT a requirement for a valid contract?
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