Question

Discuss the process involved in the Formation of a Contract alongwith the essentials of a valid Contract

25 Apr 2023
Answer :
Word Count : 580

The formation of a contract involves a series of steps and requirements to ensure that the agreement between parties is legally valid and enforceable. Here is an overview of the process involved in the formation of a contract and the essentials of a valid contract:

  1. Offer: The first step in the formation of a contract is the offer. An offer is a proposal made by one party to another, indicating a willingness to enter into a legally binding agreement. The offer must be clear, definite, and communicated to the other party.

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