Answer:
1. Offer
2. Acceptance
3. Capacity and Competency to a contract
Explanation:
The three parts of the contract are as follows:-
1. Offer:- offer refers when we propose to another party for a reason in terms of business proposal etc.
2. Acceptance:- when another party accepts the offer of that party whose offering is called acceptance.
3. Capacity and Competency to a contract:- The person enter in a contract should be capable and not less than 18 years i.e. minor, unsound mind, etc. should not come in a legal contract.
