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The element of a valid contract which is established by getting the signatures of all parties is mutual agreement

What is an element of a valid contract?

An element of a valid contract simply refers to that promise made between two or more parties that which allow the courts to make judgement.

Some elements of valid contract are:

  • Offer
  • Acceptance
  • Consideration
  • Intention to create legal relation
  • Certainty and capacity.

So therefore, the element of a valid contract which is established by getting the signatures of all parties is mutual agreement

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