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

Question

Quizplus · Accepted Answer

Fairness is not a formal requirement for a contract to be valid. The other options are all necessary for a contract to be considered legally binding. Legality ensures that the terms of the contract do not break any laws, capacity ensures that all parties are legally able to enter into the contract, and voluntariness ensures that all parties have given their informed consent without coercion or duress. While fairness may be desirable in a contract, it is not considered a legal requirement for validity.

Which of the Following Is not a Requirement for a Valid