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Which of the following is NOT an essential element of a valid contract...?
a. Consideration
b. Lawful objective
c. Mutual agreement
d. Must be recorded

Respuesta :

amd7802
A. Consideration
Every contract needs an objective and a mutual agreement. It being recorded (i’m guessing) refers to it on a piece of paper and you definitely need that to hold up in law in case something happens. You do not, however, need “consideration” for a valid contract

A valid contract is an agreement and given out of free will from all the parties to be considered. They are not taken as legally binding.

  • Monetary consideration is the actual costs available with the purchaser of tangible property or a service.
  • They are found often on the basis of a value of items is traded as is or a part of the property or service purchased.

Hence the option A is correct.

Learn more about the  NOT an essential element of a valid contract.

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