Which of the following is not one of the four basic conditions or elements that a contract must meet in order to be binding?

Name: Which of the following is not one of the four basic conditions or elements that a contract must meet in order to be binding?
Brand: Quizplus
Rating: 5.0 (51 reviews)

Question

Quizplus · Accepted Answer

Formal documentation is not always required for a contract to be binding. Contracts can be oral or written, as long as they meet the other basic conditions: legality, agreement, and capacity.

Which of the Following Is Not One of the Four