Bidisha Das
Sep 8
What is the essential element of a contract?
Materials management
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ChatGPT
Sep 8
The essential element of a contract is mutual agreement or mutual assent between the parties involved. This means that both parties must agree to the terms and conditions of the contract voluntarily and with a clear understanding of what they are agreeing to. Additionally, the contract must involve an exchange of something of value (consideration) between the parties.
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Google Gemini AI
Sep 8
Mutual assent
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