There are __________ essential ingredients of a contract?
Correct answer: B. 3
- A. 2
- B. 3
- C. 4
- D. None of above
Explanation
Contract formation is commonly expressed through three basic elements: agreement, consideration, and enforceability by law. More detailed textbooks list additional requirements for a valid contract, but this question uses the basic three-part formulation.
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About Civil Law
Civil law governs disputes involving private rights, including contracts, property, family relations, torts and compensation. The subject explains breach of duty, civil liability, damages, specific relief, injunctions and other remedies, while distinguishing private claims between individuals from criminal proceedings brought to punish offences against the state.
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