Question

Which of the following is NOT one of the elements of a valid contract?

a.

Offer and acceptance

b.

Capacity of the parties

c.

Legality of the object

d.

The policy coverage

Answer: (d).The policy coverage Explanation:The elements of a valid contract are offer and acceptance, consideration, consensus ad-idem, free consent, capacity of the parties, and legality of the object. The policy coverage is not one of these elements.

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Q. Which of the following is NOT one of the elements of a valid contract?

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