Which of the following is a requirement for a valid contract?

Question

Quizplus · Accepted Answer

All of the options are requirements for a valid contract. 
A) Offer and acceptance are essential elements of contract formation. 
B) Consideration refers to something of value exchanged between parties. 
C) Capacity of parties refers to a party's ability to enter into a contract lawfully. 
D) The contract must not violate public policy, as such contracts are considered void.

Which of the Following Is a Requirement for a Valid