This Video Give The Concept of What is Contract & Essential Elements of Valid Contract ? Urdu / Hindi
Concept of Valid Contract
Following Essential Elements of Valid Contract:
1. Two or More Parties
2. Offer and Acceptance
3. Legal Relationship
4. Competency of Parties
5. Free Consent
6. Lawful Object & Lawful Consideration
7. Consensus-ad-idem
8. Legal Formalities
9. Certainty and possibility of performance
10. Not declared to be void
#ValidContract #EssentialElementsOfValidContract
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