Essential elements of a contract

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This is a part of lecture presented by Mr. P.C Jangir, Vice Principal of Biyani Girls College. The term contract is defined under section 2(h) in agreement’ enforced by law is a contract. There must be at least two or more parties. Essential Elements of a Contract are follows:
1. There must be an agreement
2. Intension to create legal relation
3. Free consent of [parties
4. Law full object of the parties
5. Lawful consideration

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