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Question

Which of the following is not an essential element of a valid contract ?

A
Offer
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B
Legality of object
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C
Lawful consideration
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D
Impossibility of performance
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Solution

The correct option is B Impossibility of performance
Contract are almost always legally binding. In order for an agreement to become a contract, it is expected to meet three conditions:
  • Offer and Acceptance
  • intention too create legal relation and consideration.

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